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Posted by
Two Blokes Jul 17 -
Filed in
Stock
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4 views
ADX offers high income and blue-chip exposure, but its current valuation is less attractive, trading at the lowest NAV discount in a decade. The fund prioritizes distributions over capital appreciation, making it best suited for income-focused investors rather than those seeking growth. Recent changes to the distribution policy provide more consistent payouts, but tax efficiency remains a concern for non-tax-advantaged accounts.
