Author: Tim Plaehn, Investors Alley

Recently released first-quarter result reinforce the fact that the stock is severely undervalued.

With an attractive yield and steady dividend growth, it’s not on the radar of many investors.

Combine that with some dividend growth, and you will have an excellent core income portfolio holding.

Assets in this type of fund have grown tenfold over the last few years, with new funds launched every week. Here are three names on my “Do not buy” list.

Paying a monthly dividend just over 8%, it’s down 12% year to date making now a good time to average into it.