The 3 Great Bargain Funds: Cheap Fees and Yields up to 9%

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I hear it from readers all the time: closed-end fund fees are just too high!

And when you can get a passive fund that simply tracks the S&P 500, like the Vanguard 500 ETF (VOO), for a microscopic 0.05% expense ratio, it can seem silly to pay over 2% for a closed-end fund.

(If you’re unfamiliar with CEFs, click here to learn more about them—and why you need to hold at least a few of these high-yield investments in your retirement portfolio.)

My answer is that you need to look closely at total returns, keeping in mind that CEFs report returns after fees.
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About Author

Brett

Hi, I’m Brett Owens – and I’m a financial junkie. My “problem” started incollege, when I got a little dose of the stock market – man, was I hooked…in no time, I was reading the Wall Street Journal religously.

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