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In the event you are trying to find a gentle source of profits, this fund gives an attractive seven.8% produce (paid every month), and it also trades at a double discount (1 from your fund's discount to NAV, and two since preferreds have offered off, and sit at a far more eye-catching price tag). If You are looking for a discounted supply for top cash flow, this fund is value contemplating.
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And worth mentioning, Tsakos' fleet is youthful than its around the globe friends, Specially just after thinking about its modern massive capex devote on ships (much more on capex later) as proven in another graphic (note: Tsakos refers to alone as "TEN").
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For more point of view, Here's a evaluate several of the positive desire criteria from Tsakos' investor presentation:
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