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IT/Fund for senior gold miners that pays a dividend?

Closed-end funds and OEICs
Jam2Day
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IT/Fund for senior gold miners that pays a dividend?

#443005

Postby Jam2Day » September 17th, 2021, 1:17 pm

Some of the senior miners listed in the US are starting to show a reasonable divi but I would prefer to avoid buying direct on the US market to avoid costs/Ex rates etc. Does anyone know of an IT/ETF/Fund (preferably IT) with a portfolio of senior miners (Barrick/Newmount etc) that pays a Sterling divi? Many thanks.

TUK020
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Re: IT/Fund for senior gold miners that pays a dividend?

#443120

Postby TUK020 » September 17th, 2021, 6:16 pm

there is SPGP which covers some of the miners in question, but unfortunately it is an accumulation fund

https://markets.ft.com/data/etfs/tearsh ... GP:LSE:GBX

yieldhog
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Re: IT/Fund for senior gold miners that pays a dividend?

#443126

Postby yieldhog » September 17th, 2021, 7:09 pm

Have you considered BRWM?
Just under 10% discount to NAV. Latest dividend increased to 5.5p, which if maintained could increase yield to near 5%.
Looks reasonable value at this level.
I've owned for several years and am happy with it as part of my SIPP in drawdown.

Y

Jam2Day
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Re: IT/Fund for senior gold miners that pays a dividend?

#443383

Postby Jam2Day » September 18th, 2021, 7:32 pm

Gents, thanks for the comments. On SPGP, if I was to go down that route I would probably go for GDGP but no divi. I held BRWM but sold simply because I actually hold CYN which on balance, I prefer.

TUK020
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Re: IT/Fund for senior gold miners that pays a dividend?

#443685

Postby TUK020 » September 19th, 2021, 9:12 pm

OT but I love the handle Jam2Day"

Jam2Day
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Re: IT/Fund for senior gold miners that pays a dividend?

#444577

Postby Jam2Day » September 22nd, 2021, 10:43 pm

Thanks. A few years back, I subscribed to Jam2morrow. Funny how the view changes over time.


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