RE:RE:DF UNit Nav to Aug 20 = approx: $15.50Well oil prices bouncing back today, as is gold and silver... so inflation worries are back on the table. FED reserve is waffling about tapering soon, as the Delta variant rages on despite a huge % of the population in NA being fully or partially vaccinated.
Not sure i would say DF is safe to buy longerterm, but for this month it is safe. The holdings in DF doing as well as DGS holdings today, but not getting the same love .
Yield is still right around 19% for DF so not a bad gamble here.
I am not really bullish longertern on the pipelines and oil cos. but some here believe that oil is headed back to 100$.....
Electric powered revolution is coming despite the naysayers.....by 2025, there will be more electric cars sold than gas-powered. Big transport may buck the trend for a while, ( PLANES , TRAINS, BOATS , SEMI TRUCKS and BUSES) but even those are changing.
Many are now switching to NAT GAS engines for big trucks and buses, and the future will bring lower carbon emission powertrains for even the biggest bulk transport modes.