My CEF Forecast for 2023 (and 3 Funds That Are 38% Undervalued Now)

Good news: this dreadful year has created the conditions for a nice market bounce in 2023. And we CEF investors are in a nice position to capitalize with 9.8% dividends and potential 38%+ total returns next year. I’ll name three closed-end funds (CEFs) with discounts big enough to deliver that potential 38%+ gain below. All they need to do is return to their “normal” valuations, and chip in just a touch of upside from their portfolios, too. For starters, though, I’ll tell you that 9.8% is the average yield on the portfolio of my CEF Insider service . And that’s just the average.… Read more