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GUG has a higher emphasis on fixed-income assets and provides a more reasonable and sustainable distribution than GOF at a much better valuation, making it a potential swap alternative.
The Gozo University Group (GUG), a student association, carried out a survey in October 2022 to understand the problems Gozitan students face when they commute between the two islands.
The GUG fund pays a very high monthly distribution of $0.11875 or 10.6% current yield on market price.
Source: https://seekingalpha.com/article/4567758-switch-from-gof-gug?source=feed_all_articles
We've already seen that GUG has even been able to outperform on a total share price basis, as some of GOF's premium has been deflated.