PPT Price Forecast & CEF Analysis. Distribution · NAV · Discount · Expense Ratio · RSI · MACD | US Stocks Today
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💰 This is a multi-asset bond closed-end fund (CEF) managed by Franklin Templeton. It is an income-oriented product that invests across US government bonds, high-yield bonds, international bonds, and mortgage-backed securities, providing monthly distributions.
It runs 17% of assets on borrowed money.
Borrowing to buy more lifts gains and deepens losses. This is not the same as an ETF tracking 3x a day.
Against the value of what the fund holds it is 5.3% cheaper.
Its holdings are worth $3.57 per share, but it trades at $3.38. That is close to its past-year average (6.2% below value).
Over the past 1 year, roughly in the middle
8% below its 1-year high.
Traded less than usual. That is 52% of its average volume.
Ex-dividend date: November 20
13 days to go. Buy before this date to receive the dividend.
Holding long would have lost money
Bought 5 years ago, your return today would be -24.1%. The S&P 500 did +57% over the same period.
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Dividends are paid consistently
Pays 9.26% annually in dividends.
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Ownership looks stable
Institutions hold 42.6%.
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Multiple ETFs hold this stock, but only a sliver
Buying this ETF gives you exposure to this stock as well.
It ranks #837 of 1436 in the industry
Based on market cap of $322M.
FAQ
What kind of CEF is PPT?
PPT is a closed-end fund (CEF).
What is the distribution yield of PPT?
PPT's distribution yield is approximately 9.26%, paid out on a regular basis.
What is the 52-week high and low for PPT?
PPT has recorded a 52-week high of $3.66 and a low of $3.21.