We’re in a weird time where interest rates are at (or at least near) a peak—but most people haven’t realized it yet. When they finally come around, one group of closed-end funds (CEFs) is likely to soar (and pay us double-digit dividends, too).
I’m talking about bond funds, and the “double-digit dividends” part is already well underway, with yields on some corporate-bond CEFs held by my CEF Insider service breaking over 12%. (An added bonus: most bond CEFs pay dividends monthly, too.)
By the way, it’s not just me talking here: it’s the world’s biggest asset manager, a firm that, due to its sheer size and deep research resources, has access to next-level insight no one else can compete with.… Read more