RiverSource Dividend Opportunity (INUTX)
15993 views
Rate Now: 1 2 3 4

average rating: 2.66 / 3 ratings
DESCRIPTION:

Date updated:12-06-2007

From Yahoo Finance:

“The investment seeks high level of current income with a secondary objective of growth of income and capital. The fund normally invests at least 80% of assets in dividend-paying common and preferred stocks. It may invest up to 25% of assets in foreign investments. The fund may invest in any economic sector and emphasize one or more particular sectors. The management conducts fundamental research on most attractive dividend paying securities.

The fund was featured in the February 5th issue of Barron’s, as one of the top funds for their third favorite mutual fund family of 2006, RiverSource Investments. Barron’s had this to say about the fund:
“Among its 2006 stars was RiverSource Dividend Opportunity (INUTX), which was helped by telecom holdings, including AT&T (T) and BT Group (BT). The $1.6 billion fund, which formerly focused on utilities, seeks a dividend yield that's 150% of the S&P 500's. "Dividends are becoming more important and in-demand broadly by investors," says Warren Spitz, a senior portfolio manager, adding that demand from the aging baby boomers should provide a nice tailwind for dividend stocks.
The fund, whose adjusted return last year was about 23.5%, finished in the top 10% of its Lipper group”


Current Returns:

1-Year: 9.86%
3-Year: 13.78%
5-Year: 14.79%


As of 9/30/07

symbol name last price % change open
  • +
  • T
    At&t Inc.
  • $32.58
  • -0.94%
  • $32.95

No Analysis added

People owning T also tend to own: ACEBACCCBCOPCVXDIS

TheStreet.com Rating: B What is this?

  • +
  • CVX
    Chevron Corp
  • $98.63
  • +1.24%
  • $98.19

No Analysis added

People owning CVX also tend to own: AAALLAPCBUDCOPDOWGSK

TheStreet.com Rating: A+ What is this?

  • +
  • BAC
    Bk Of America Cp
  • $22.40
  • -0.62%
  • $22.75

No Analysis added

People owning BAC also tend to own: ADPAVPBCSBRK-BBUDCOPCSE

TheStreet.com Rating: C What is this?

  • +
  • C
    Citigroup Inc
  • $16.82
  • -0.12%
  • $16.96

No Analysis added

People owning C also tend to own: ACEBACCBCOPCVXDISGS

TheStreet.com Rating: C- What is this?

  • +
  • CG
    Loews Carolina Gr
  • $73.42
  • -1.32%
  • $N/A

No Analysis added

People owning CG also tend to own: AAPLBACVDCWTRCYMIESVGOOG

TheStreet.com Rating: B+ What is this?

  • +
  • BP
    Bp Plc
  • $66.34
  • +1.22%
  • $66.47

No Analysis added

People owning BP also tend to own: AAPLAPAAUYCCMECOPEMC

TheStreet.com Rating: A- What is this?

  • +
  • PFE
    Pfizer Inc
  • $17.75
  • +0.74%
  • $17.77

No Analysis added

People owning PFE also tend to own: AAALLAPCBUDCOPCVXDOW

TheStreet.com Rating: C+ What is this?

  • +
  • VZ
    Verizon Commun
  • $35.75
  • +0.34%
  • $35.67

No Analysis added

People owning VZ also tend to own: AAAIGIBMINTCJNJJPMKO

TheStreet.com Rating: B- What is this?

  • Page 1 of 4
  • 1
  • 2
  • 3
  • 4
previous next

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

latest articles | popular forums
Barron's Roundup - 7-5

Speaking of Dividends: This Barron's column highlights the latest dividend increases, initiations and cutbacks. This week there’s information the Intel (INTC), Duke Energ...

07.06.08 | 02:04 AM
You Ask, Altucher Answers

7-2-08 I've been responding to a new batch of questions posed by members of the Stockpickr community on Stockpickr Answers. Anybody can ask, respond or comment at St...

07.02.08 | 10:48 AM
Where Else Can You Find Stockpic...

Here are a few of the places where you can find Stockpickr content. Rocket Stocks: Each week, we lay out a group of stocks that have the potential to move higher in the...

07.01.08 | 13:18 PM
You Ask, Peltier Answers

07-01-08 On Stockpickr Answers, David Peltier responded to a new batch of questions posed by members of the Stockpickr community. Peltier writes two weekly newsletters...

07.01.08 | 10:26 AM
more articles
Lessons From the Great Depression
07.05.08 | 11:44 AM From author T-Bird
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZackAttack
Cartoon Thread
11.15.07 | 20:31 PM From author Peter on Post Street
What about the Amero?
08.12.07 | 18:29 PM From author Amerotic
more forums
recent answers | popular answers
bubble(2)
Q. Who benefits from the most amazi...
07.06.08 | 21:35 PM Asked by R. Tamina Ernhart

A. Nike will benefit from this match just
as much as they benefit from any other
sporting event. Honestly, the answer is
probably nobody except the network that
was holding the event. Nike is a great
global growth story and the company is
hanging in there because of its global
exposure. Great tennis match sure, great
stock catalyst? Probably not!

show all recent stockpickr answers
today 's lists
Low Priced NYSE Stocks

This portfolio consists of NYSE stocks that are trading for less than $5 per share and are profitable. more

Biggest % Losers

Here is the stock list of the largest % losers from the prior trading day. more

Stocks Most Likely to Surprise

This list consists of stocks that are down 10% or more in the last year but may be poised to surprise us on the upside going forward. The basis for the list is as follows: ... more

show all today's lists