Invesco Bond Fund: A Promising Buying Opportunity with Improved Rating

Invesco Bond Fund (VBF) is a CEF that presents an attractive buying opportunity. The fund's valuation metrics have improved since the beginning of the year, making it a good entry point. The thesis is based on the fund's strong fundamentals and attractive valuation metrics, including a low price-to-NAV ratio and a high dividend yield. The fund has also demonstrated a history of outperforming its peers and the broader market.

T-Mobile US, Inc. (TMUS) is set to release its first-quarter financial results after the market closes on Thursday, April 24. Analysts expect the company to report quarterly earnings of $2.47 per share, up from $2.00 per share in the year-ago period, with projected quarterly revenue of $20.62 billion [1]. This performance has sparked interest among investors, particularly those looking to capitalize on T-Mobile's dividend yield.

T-Mobile currently offers an annual dividend yield of 1.36%, translating to a quarterly dividend of 88 cents per share. To generate a monthly dividend income of $500, an investor would need to own approximately 1,705 shares, which equates to owning $442,192 worth of T-Mobile stock [1]. This strategy involves setting a yearly target of $6,000 and dividing it by the quarterly dividend of $3.52.

For a more conservative goal of $100 monthly income, the calculation changes slightly. An investor would need to own 341 shares, or $88,438 worth of T-Mobile stock [1]. This approach requires setting a yearly target of $1,200 and dividing it by the quarterly dividend of $3.52.

Investors should note that the dividend yield can fluctuate based on changes in the stock price and dividend payment. For instance, if T-Mobile's stock price increases, the dividend yield will decrease, and vice versa. Additionally, the company's dividend payment can change over time, affecting the overall yield.

As of Wednesday, shares of T-Mobile gained by 0.4% to close at $259.35 [1]. This price action reflects the market's anticipation of the upcoming earnings report.

References:
[1] https://www.benzinga.com/25/04/44976410/how-to-earn-500-a-month-from-t-mobile-stock-ahead-of-q1-earnings