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Posted by
Two Blokes Jul 4 -
Filed in
Stock
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6 views
I rate CRF a Hold for income-focused investors, given its high yield but declining share price and dividend over time. The fund trades at a significant premium to NAV, but the DRIP allows reinvested dividends to be purchased at NAV, offering a discount advantage. CRF underperforms the S&P 500 in total return, and its distributions are largely return of capital, risking long-term capital erosion.
