4 “Double Discounted” CEFs Yielding Up to 9.1% (Paid Monthly)

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4 “Double Discounted” CEFs Yielding Up to 9.1% (Paid Monthly)

There’s nothing we closed-end fund investors love more than finding a smartly run fund in an unfairly beaten-down sector. This hands us a nice discount (of course!), plus a much bigger dividend, because yields and prices move in opposite directions.

In fact, with CEFs, we’re actually getting a “double discount”: one from the depressed sector and one from the CEF’s discount to net asset value (NAV, or the value of the stocks in its portfolio). This indicator only exists with CEFs, and we’ll cover 4 with particularly attractive discounts to NAV in a second.

Plus, CEFs already boast yields that triple (or more) those of regular stocks, so deep-discounted CEFs give you an income stream that’s bigger still.… Read more

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“Like 2018 All Over Again”: 3 Huge Dividends Set to Soar as Rates Rise

This stock market selloff has gone way too far—and it’s pumped up the dividend yields on some of our favorite high-yield closed-end funds (CEFs).

That means it’s time to buy. I’ll name three CEFs the panicked masses have mistakenly tossed over the side in a moment. Together, these three snubbed funds throw off an 8.7% average dividend. Plus they’re trading at a nice “double discount”: that is, the CEFs themselves are cheap and their holdings, which consist of top US and international stocks, are way oversold in this latest market fracas, too.

History Is on Our Side

When considering opportunities like this one, it pays to look at history.… Read more

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It’s “Stock Season” – Here’s the Secret to 117% Dividend-Powered Gains

This time last year, my most opportunistic subscribers took advantage of a rocky September and October—and secured annualized returns up to 117% with safe dividend plays.

We have a similar setup this year, with the September swoon “refreshing” stocks-at-large and paving the way for some spectacular moves higher. Is your portfolio ready to capture these unfolding riches?

And no, I’m not talking about crypto. We don’t need to trade Bitcoin, Ether or any “coins” with a dog’s face to meet our profit targets.

We’ll get to today’s hottest “dividend trades” in a moment. First, let’s understand why this strategy worked so well last year (and is likely to work again now).… Read more

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These Ignored 6.5% Dividends Will Be the Biggest Story of 2021

A wild year like 2020 is a great acid test for closed-end funds (CEFs)—and it can tell us a lot about which of these high-yield plays to pick (and avoid!) as we move deeper into 2021.

A Split Market

If 2020 did anything, it widened the gap between winning and losing sectors of the stock (and closed-end fund) market. It just goes to show how critical it is to pick funds in the right sectors, as well as those with savvy management that can shift with the times.

Technology, of course, boomed last year. At my CEF Insider service, we were well-positioned in tech with the BlackRock Science and Technology Fund (BST), which we added to our portfolio in August 2019.… Read more

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