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

Our Archive

Search completed

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.
Read more

Read More