Why I Just Bought This 8.3%-Yielding Infrastructure Fund
There's a good chance you've never heard of the Cohen & Steers Infrastructure Fund (NYSE: UTF). It certainly wasn't on my radar screen until recently.
But the more I checked out UTF, the more I liked it. Here's why I just bought this closed-end fund.
Its name gives away its focus: The Cohen & Steers Infrastructure Fund invests primarily in infrastructure stocks, and the outlook for infrastructure is quite promising. As accounting and consulting firm PwC stated in its global infrastructure trends report: "The infrastructure sector sits at a collision point of global disruptions, including shifts in capital availability, evolving social and environmental priorities, and rapid urbanization."
Source Fool.com
