Something unusual has happened in closed-end funds (CEFs) lately—a lot of new names are showing up in the leaderboard of the top long-term performers.
According to my CEF Insider service, there are now 36 funds that have delivered over 15% annualized total returns over the last decade, and three have delivered over 20% annualized returns, including their hefty dividend payouts.
And today we’re going to dive into five that have returned 17% and up (annualized) over the last decade. They’re powerful income generators for any market, with monster dividend yields all the way up to 10.5%!
Let’s get started.
Winning CEF #1: Cohen & Steers Quality Income Realty Fund (RQI)
RQI uses investors’ money to build a diverse portfolio of real estate investment trusts (REITs).… Read more