Phoenix Companies, Inc. provides a selection of asset management products and services, including mutual funds. The company focuses primarily on meeting the needs of high-net-worth investors on both an individual and institutional level. Its mutual funds are offered by Phoenix Equity Planning Corporation, a subsidiary of Phoenix Investment Partners, Ltd. The company also offers closed-end mutual funds from Duff & Phelps, a wholly owned subsidiary of Phoenix Investment Partners.
Phoenix Duff Closed-End Mutual Funds
Get to know the Phoenix Duff DNP Select Income Fund.
Understand that the DNP Select Income Fund Inc. is a management investment firm. Its stock symbol is DNP and it is traded on the New York Stock Exchange (NYSE).
Know that the fund's objectives are primarily to invest to provide current income as well as capital appreciation over time.
Understand that the fund's main investments are equity and fixed income securities. Most of these securities are issued by public utility related companies.
Visit DNPSelectIncome.com. You'll find contact information, the latest fact sheet, financial reports and holding information on this site.
Learn about the Phoenix Duff DTF Tax-Free Income Inc. Fund
Know that this fund is actually a closed-end investment company. It seeks current, federal tax-exempt income, as well as capital protection.
Understand the fund's investments. A minimum of 65 percent of this fund's assets is in utility bonds.
Recognize that the fund pays dividends monthly. The fund offers an optional plan for reinvesting dividends and capital gains.
Visit PhoenixInvestments.com and click the "Closed-End Funds" link on the left to view available information and find contact details for the Phoenix Duff DTF Tax-Free Income Inc. Fund.
Purchasing Funds
Understand that closed-end funds often have lower fees than open-end funds.
Understand that Phoenix Duff closed-end mutual funds are not offered in the same manner as mutual funds. You must purchase shares via the stock exchange.
Review your investment objectives and determine whether a Phoenix Duff closed-end mutual fund will meet your needs.
With the help of your financial advisor or broker, determine how much to invest in Phoenix Duff closed-end mutual funds and purchase shares.
- Often, closed-end mutual funds use leverage to garner higher returns. Leveraging involves borrowing money and reinvesting it into long-term securities that offer more attractive returns.
1 comment:
well are you sure ?
blinds
Post a Comment