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CHY Deposit

Rating Index

Pros

High distribution yield of approximately 10.45%, providing attractive income for investors.
Diversified portfolio investing in convertible securities and high-yield corporate bonds, which can help manage risk.
Long-term performance has been reasonably good, outperforming many of its peers in the convertible fund space.

Cons

Currently trading at a premium of around 8.5% to its net asset value, which may deter value-conscious investors.
High total expense ratio of 2.84%, including significant leverage costs, which can eat into returns.
Substantial reliance on capital gains for distributions, with some distributions classified as return of capital, indicating potential sustainability issues.
CHY Deposit