This week, we’re going to pick up some rich 8%+ payouts alongside … Taylor Swift?
You read that right. Turns out the favorite singer of everyone from, well, my two daughters to the attorney general of the United States is a fan of our favorite income plays: closed-end funds (CEFs).
That news broke in the form of a tweet from billionaire investor Boaz Weinstein, head of Saba Capital Management. Weinstein apparently heard from Swift’s dad (who used to work for Merrill Lynch) that the singer does, indeed, hold CEFs.
“Having a blast watching our daughters sing every lyric tonight in Philly,” Weinstein tweeted.… Read more