CLM's distribution strategy relies heavily on divestitures of its asset base, making it unsustainable. The recent dividend cut did not significantly improve CLM's prospects, as the forward annualized ...
Upgrading CLM to a strong buy, as its S&P 500 tracking and high yield make it compelling in a lower-yield environment. CLM's unique value lies in reinvesting at NAV, typically 15-30% below market ...
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