Vmbook Online ordering
Nfj Dividend Interest Premium Strategy Fund
A closed-end fund, also known as Closed-End Fund Equity, is a Collective Investment Scheme that raises a fixed amount of capital from investors and lists its shares on a stock exchange. CEFs, unlike mutual funds, do not redeem shares from investors; instead, they can only be purchased or sold on the stock exchange.
NFJ is the stock symbol for BlackRock Energy and Resources Trust, a non-diversified, closed-end management investment company. The Trust's investment objective is to provide a high level of total return with an emphasis on income. The fund seeks to attain its investment objective by investing primarily in energy-related equity securities and, to a lesser extent, energy-related debt securities. The Trust invests in various energy sub-industries, including upstream, downstream, and midstream energy companies, as well as energy-related infrastructure, energy technology, and energy storage.
Historical earnings and growth are just two of many factors that investors consider when building a diversified portfolio. A stock's past performance does not guarantee its future performance, but investors can consider other critical factors when investing in the stock market.
I hope this information was helpful! Do you want to know more about NFJ or Closed-End Funds?