I was looking at etf connect and saw a number of funds with large discounts to nav; I was wondering how people feel about aiming something like UTF ;a utility fund. Its discount is >13% and it has a lot of big name utility companies in it,
If my math is correct the present dividend yield is @ 20 %
but leverage is @ 33% and the dividend may not be safe; does any one have any thoughts on this type of investment and its risk