The 11.6% Dividend Fueled By America's “Quiet Boom”

America's economy is experiencing a quiet boom, marked by consistent, long-term wealth growth despite widespread negative sentiment. Over the past century, each generation has earned more, inflation-adjusted, than the last. Disposable income per worker has doubled in 40 years to over $11,000 annually, and the jobless rate remains low at 4.2%. However, consumer sentiment lags, possibly due to higher inflation expectations and pandemic-era financial memories.

To capitalize on this underlying strength, the Liberty All-Star Equity Fund (USA) is recommended. This closed-end fund invests in top US companies like NVIDIA and Microsoft, offering an 11.6% dividend. The fund has shown strong performance over a decade, yet currently trades at a significant 12.9% discount to its net asset value, presenting a potential opportunity for investors seeking income and growth from America's enduring economic expansion.

As America celebrates its 250th, there’s something happening inside its economy that’s not getting enough attention. A quiet boom. It’s one more thing worth celebrating this month—and we’re going to do that. We’re also going to get set for the next le...