Still on the Sidelines? You Could Miss a 200% Gain (and 10%+ Dividends)

Look, I’ll be honest: I’m bullish on our favorite income investments, high-yield closed-end funds (CEFs), as we head toward 2024. Fact is, these overlooked income stalwarts are still on sale after the 2022 pullback, with the ticker we’ll talk about below going for an absurd 17.2% below its true value. We can thank CEF investors’ conservative nature for that—they still don’t trust this year’s rebound. So our chance to grab big payouts at a discount is still available. Right now, the portfolio of my CEF Insider service is generating a rich 9.9% average yield. But that said, we always need to keep an eye on factors that could go sideways in the future, so we can shift gears—and protect our capital and income streams—at a moment’s notice.… Read more