These 8% Dividends Are Cutting Fees (Now They Really Wallop ETFs)

It’s finally happening: Management fees on our favorite 8%+ paying assets— closed-end funds (CEFs) —are falling. And some are sending their already soaring dividends even higher, too. Those are key reasons to invest in these high-yield plays now. We’ll get into all the details below. But before we do, it’s important that we take a second to put CEF fees in perspective. That’s because many (most?) investors have a totally incorrect idea about them. And it’s caused them to miss out on the income (and growth) CEFs offer. Ignore the Wall Street Line: CEF Fees Are Sometimes Worth Paying When I ask investors if they’ve ever considered CEFs, those who say no often mention high fees as a reason.… Read more