Today I’m going to show you a bargain-priced closed-end fund (CEF) that’s a standout now—not only because it’s a steal, but because it holds some of the best stocks on the market.
In fact, it takes its inspiration from one of the best investors of all time—Warren Buffett. And the fact that it pays a near 4% dividend yield doesn’t exactly hurt, either.
Before I reveal this fund, let me explain something.
When someone says a CEF is “cheap,” they’re usually referring to the difference between how much that fund sells for on the market (its market price) and the intrinsic value of its portfolio if it were liquidated now—known as the net asset value, or NAV.… Read more