Author: Michael Foster, Contrarian Outlook

Buying now locks in the fund’s (very well covered) 3.6% yield and sets us up for a second round of gains as mainstream investors realize their mistake and bid these AI stocks back up.

Despite its diversified, growth-oriented portfolio, holding names like NVIDIA (NVDA), Apple (AAPL), Microsoft (MSFT) as well as more interesting names like Monolithic Power Systems (MPWR) and FirstService (FSV), it trades for around 12% below its portfolio value.

Paying 6.1% and 6.8%, they both have momentum behind them.

Holding names like Apple, Amazon.com and Tesla, as well as Home Depot, Hershey and Nike, it’s 150 holdings are benefiting from Americans’ continued strong spending.

Its steady monthly payout has grown in the last five years, with a special dividend thrown in.