1. Amcor's acquisition of Berry Global is projected to double cash flows, with 12% EPS accretion by FY26 and over 35% by FY28; 2. As a Dividend Aristocrat, Amcor offers a historically high 5.6% yield, supported by the Berry deal's synergies and balance sheet improvements; 3. The stock is undervalued relative to low-growth scenarios but presents upside potential if merger synergies materialize, suggesting a Buy opportunity.

1. SFL Corporation is a profitable transportation company with strong margins and growth, positioning it as a compelling value investment despite future challenges; 2. It outperforms peers in profitability and growth, justifying its valuation, with fundamentals supporting it as a high-quality company at a reasonable price; 3. Risks include declining oil demand and tariff pressures, but opportunities like new Arctic shipping routes could boost competitiveness. Attractive valuation and a 13% dividend yield make it a buy, with potential downturns offering better entry points.

1. Sixth Street Specialty Lending offers a well-covered 9% dividend yield, with robust dividend coverage and supplemental dividends. 2. The BDC's focus on first liens provides portfolio and income stability. 3. Despite a high price-to-NAV ratio, TSLX's 9% yield is affordable and has potential for re-rating higher. 4. Market volatility presents new investment opportunities, and the Company's strong liquidity supports a bullish outlook.

1. Ares Capital is a leading BDC with a strong track record and conservative underwriting; 2. Despite good 10-K results, current economic uncertainties and recession fears make it unattractive to invest in ARCC; 3. ARCC's historical performance during crises shows significant drops, indicating its sensitivity to economic downturns and risk in the current macro environment.

1. AES Corporation's aggressive transition to renewables and favorable valuation present a compelling risk-reward opportunity after a significant share price drop; 2. Q3 results showed strong EPS but missed revenue estimates, with significant renewable expansion and infrastructure developments; 3. AES's concentration risks are highlighted by peers with more balanced portfolios and lower leverage, despite remaining a long-term growth opportunity.

1. Liberty All-Star Equity offers a unique blend of high dividend yield (10%) and substantial tech exposure, including Microsoft, Nvidia, and Amazon. 2. The fund's 2024 performance was strong, with a 20.7% market price return and a 14.1% net asset value gain. 3. The fund is selling at a low 1.16% premium to NAV, with significant re-rating potential if tech continues to perform well in 2025.

1. TORM's recent stock weakness presents a buying opportunity due to its strong post-2018 rebound factors expected to persist for 2-3 years; 2. TORM's Q3 performance demonstrated resilience with $263M TCE earnings, $191M EBITDA, and 20.3% ROIC; 3. Structural industry dynamics, such as an aging global fleet and limited newbuilds, support high TCE rates and earnings growth.

1. BlackRock Science and Technology Trust (BST) offers an 8% dividend yield through periodic sales of investments and option strategies. 2. BST primarily invests in tech companies with significant exposure to semiconductors, software, and tech hardware. 3. Managed by BlackRock, BST provides a high dividend yield compared to low-yield tech ETFs like Invesco QQQ Trust (QQQ).

1. Devon Energy is a top pick for energy sector allocation due to strong value metrics and production boost from Grayson Mill acquisition; 2. The stock has dropped over 50% from 2022 highs, presenting a buying opportunity; 3. Devon maintains an attractive dividend yield and focuses on debt reduction and share buybacks, positioning for potential oil price rally.

1. UPS has demonstrated strong earnings and revenue growth with a P/E ratio under 20 and double-digit YoY EPS growth, indicating a low valuation. 2. The company is enhancing its logistics, particularly in healthcare, leveraging its scale to provide premium services and boost shareholder returns. 3. UPS generates robust cash flow, supporting a nearly 5% dividend yield, though its payout ratio is around 100% based on a 5% FCF yield, limiting share repurchases.

1. The Morgan Stanley Direct Lending Fund offers a 10% dividend yield with strong brand backing and growth potential. 2. The fund's low-risk portfolio, with 96% in senior secured debt, and diversified borrower base reduce overall investment risk. 3. Despite interest rate declines, the fund's portfolio growth and low leverage levels have maintained stable net investment income per share.

1. APA Corp. is a $8.2 billion market cap US and international oil & gas producer with a 4.5% dividend yield. 2. Current operations are primarily in the US and Egypt, with declining volumes offshore UK. 3. APA is still suffering from low Permian gas prices. 4. APA’s acquisition of Callon Petroleum reinforces its Permian Basin position with oilier reserves.

1. The PIMCO Dynamic Income Opportunities Fund (PDO) offers a high dividend yield of around 11% but requires a deeper analysis beyond yield alone. 2. Despite solid gains, PDO has underperformed the market, warranting a fresh review. 3. It is crucial to evaluate other factors beyond yield to determine if PDO is a worthwhile investment now.

1. Oxford Lane Capital Corporation offers a high dividend yield of 21% but trades above net asset value and has an unconvincing total return track record. 2. The fund's weak price appreciation potential has been validated by its underperformance compared to the broader market. 3. The fund is not well-positioned for a potential recession due to non-recession-resistant investments and recent economic indicators suggesting potential downturn risks.

1. The PIMCO Dynamic Income Fund (PDI) offers a high dividend yield of around 14%, but has underperformed the market. 2. Despite the Federal Reserve easing rates, market interest rates remain high, impacting PDI's net asset value. 3. PDI's net asset value has remained almost stable in 2024, but has significantly declined over the past decade, raising concerns about future performance.

1. Sun Life Financial receives an upgrade from 'hold' to 'buy' due to its 4% dividend yield and dividend growth, indicating sustainability and further potential. 2. Q3 results show signs of top-line growth from insurance premiums and client asset fees, with a profit margin surpassing key peers. 3. The company's 'A' credit rating and low debt-to-equity ratio present a low-risk profile for investors. Despite competition from large financial and insurance giants, the company is making growth strides in Asia.

1. TSLX offers a 10% dividend yield with strong fundamentals, but recent performance has lagged, delivering a YTD total return of just 1.4%; 2. Q3 2024 results show a slight decline in net investment income and NAV, with distribution coverage at 109%, raising concerns about dividend sustainability; 3. Despite solid fundamentals, the thin margin of safety prompts a downgrade to hold due to concerns over future dividend sustainability.

1. Enbridge reported strong Q3 results, confirming excellent coverage ratio for preferred dividends; 2. Series 5 preferred shares offer a 6.96% preferred dividend yield in USD; 3. The author plans to write put options on common shares and increase position in preferred securities.

1. Manhattan's real estate market is improving with a bottom in the lease market; 2. Redeveloping obsolete properties could significantly improve income; 3. Even without redevelopment, the baseline scenario is sustainable for the preferred dividend burden; 4. The current yield on the preferreds implies similar credit risk to typical US home buyers.

1. Trinity Capital Inc. (TRIN) offers a solid double-digit dividend yield, focusing on venture debt and equipment financing. 2. TRIN's valuation appears more attractive than before, suggesting a better value for investors. 3. Internally managed BDCs like TRIN often trade at higher premiums, indicating potential for expansion.