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Stock impact report

Angry Investors Are Dumping These Big, Discounted CEF Dividends [Forbes]

Liberty All-Star Growth Fund, Inc. (ASG) 
US:NYSE Investor Relations: all-starfunds.com
Company Research Source: Forbes
But as you'll see, this topic—a big shift in how Americans feel —is the main reason why some of our favorite high-yielding closed-end funds (CEFs) are woefully underpriced, like one equity-focused 9%-yielder with an incredible track record. Let's start with that unlikely topic: Happiness . It matters because, as we'll see, how happy Americans are ties directly into investing behavior in very predictable ways. This chart shows the results of the General Social Survey, from the University of Chicago's National Opinion Research Center. It's one of the oldest studies of Americans' views on different social, political and cultural issues. When asked “How happy are you?” the majority feel pretty happy. That's been true since the survey started asking this question in 1972. But look at the yellow line, showing how many Americans are not happy. It reached a new high in 2022 and is stuck there. Similarly, the percentage who are “very happy” has fallen to a new low and is trending furt Show less Read more
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