#gamco

#gamco

"This is a system shock," says Nigel Green, CEO of deVere Group. "You have a material energy supply disruption and a structural shift toward fragmentation."

Occidental's operational story is strong, with Q4 2025 production hitting 1,481 thousand barrels of oil equivalent per day, exceeding guidance, and the Permian Basin setting a record at 800 Mboed in Q3 2025.

PDBC does not own stocks that pay dividends. Instead, it holds commodity futures contracts across energy, metals, and agricultural markets. The fund's primary portfolio holding is a money market instrument, Invesco Premier US Government Money Market, which represents roughly 78% of the fund's assets.

The Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) is up 42% over the past year, and nearly 29% year-to-date. These gains reflect a war that has scrambled global commodity supply chains from crude oil to wheat to fertilizer.

Gabelli Healthcare & WellnessRx Trust has maintained quarterly payments for over 14 consecutive years with no missed or skipped dividends, recently raising its distribution to $0.17 per share.

If you are using this as a fixed income substitute, you're going to have some really mad clients if and when there is an actual bear market.