Why Our Top 8%+ Payers Are Soaring (With More Room to Run)

We’re a little more than halfway through the year now, so it’s a great time to check the state of play on our favorite high-yield plays: 8%+ paying closed-end funds (CEFs). And what a half-year it’s been: CEFs have posted returns far bigger than most people expected back in January! And I see more gains ahead. Source: CEF Insider Truth is, the hundreds of CEFs tracked by my CEF Insider service are turning up some fascinating data, especially if we zoom into the CEF Insider Equity Sub-Index (in brown above), which has returned 12% year to date, as of this writing.… Read more