PAXS delivers strong yield but growth may be stuck in the slow lane

The closed‑end fund PAXS is drawing attention for its generous 11.3% monthly yield, yet an analysis suggests the high payout may not be fully supported by underlying earnings, pointing to limited upside going forward. While its history of steady distributions offers income‑oriented investors something to like, the article warns that much of the fund’s return may be coming from return of capital rather than sustainable growth. With a weak growth trajectory and potential risks to distribution coverage, the recommendation is to hold rather than buy aggressively. Future growth appears constrained, so those chasing upside may want to look elsewhere, while income‑focused investors may accept slower progress if the yield holds firm. #HighYield #PAXS #IncomeInvesting #ClosedEndFund #SlimScan #GrowthStocks #CANSLIM