Author: Michael Foster, Contrarian Outlook

We have a rare buying opportunity right now.

It’s not too late to get in: shares are trading at a 9.6% discount to NAV as I write this.

Not only does the fund have a long history of growing dividends, but its 8.3% discount is near its widest level in five years.

Funds like it are nicely set to keep outrunning a rising stock market.

They’re showing a rare disconnect where portfolio values keep rising even as share prices fall — a setup that has historically created compelling buying opportunities for patient income investors.