Dividend Inspiration From The Prudential Jennison Equity Income Fund

There are many impressive, award-winning mutual funds that focus on dividend stocks. The Prudential Jennison Equity Income Fund offers impressive dividend yields ranging from 3.18% to 3.49%, depending on whether investors purchase shares of AGOAX, AGOBX, AGOCX, JEIBX, or AXGOX. This fund has been awarded the maximum rating of five Morningstars and is rated as a five by Lipper for total return and consistent return. Unfortunately, the Prudential Jennison Equity Income Fund charges expenses that range from 1.46% to1.97%, depending on share class. These fees are charged every year and drain portfolio returns. Luckily, investors can use this award-winning fund's stock selection while avoiding recurring fees by purchasing its stock holdings directly rather than buying the fund. Many of the fund's stock holdings are described below: Bristol-Myers Squibb (BMY) recently traded at $32.26 per share. At this price level, the stock has a 4.2% dividend yield. For 10 out of... Read more