
|
|
![]() | ![]() | ![]() | ![]() |


Dreman/Claymore Dividend & Income Fund (DCS) |


Suggest other news sources for this topic

WIKI ANALYSIS|
Error creating thumbnail: convert: unable to open image `/home/wikinvest/src_live_1/mediawiki/images/9/98/New_stock.png': No such file or directory @ blob.c/OpenBlob/2480. convert: unable to open file `/home/wikinvest/src_live_1/mediawiki/images/9/98/New_stock.png' @ png.c/ReadPNGImage/2889. convert: missing an image filename `/home/wikinvest/src_live_1/mediawiki/images/thumb/9/98/New_stock.png/35px-New_stock.png' @ convert.c/ConvertImageCommand/2800. |
The article on this company has not been written yet. If you're the first person to write this article, it's a sure thing that you'll be credited as a Top Contributor. For tips on getting started, check out the sample article. |
It is a closed end fund that invests in dividend-paying common and preferred stock. Some of its top holdings are: Altria Group (MO), Fannie Mae (FNM) Preferred 8.25%, CONOCOPHILLIPS (COP) , Washington Mutual (WM), Devon Energy (DVN). DCS uses auction rate preferred securities for leverage. It uses five securities totaling $425 million with current interest rates varying from 3.97% to 4.15% which is not bad, and well below what they earn from the portfolio. The asset coverage ratio on these preferreds is 294%.
References


| |||||||