Big Payouts, Lousy Returns: Avoid These Funds (Yielding Up to 8.9%) in ’24

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Big Payouts, Lousy Returns: Avoid These Funds (Yielding Up to 8.9%) in ’24

Here’s the thing about high-yield closed-end funds (CEFs): sometimes a CEF will seem to have all the earmarks of a terrific investment: high (and monthly) dividends, reasonable fees and reputable management. But it’ll still come up short.

We, of course, love CEFs and see them as the critical pieces of our income portfolios. The portfolio of my CEF Insider service, for example, holds plenty of top-quality buys and yields 9% as I write this.

But when picking these funds, we need to make sure we don’t let a big name, high yield or so-called “low” fees dominate our thinking. We also need to look deeper, at factors like past performance and even management’s track record with its other funds.… Read more

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Your 2018 Wish List: 13 Funds Yielding 5%-10%

Let’s discuss 13 funds that offer substantial, retirement-fueling payouts, as well as diversification that will serve you well in most market conditions.

The second-longest bull market in history is long in the tooth, and Wall Street has baked in more than its fair share of the corporate tax cuts likely coming to the U.S. at some point. Diversification and dividends are the proverbial tortoise versus the high-growth hare – so it will pay to turtle up, especially if this go-go market goes sour next year.

You could dive into individual blue chips with long-standing payouts, but even some of the market’s most conservative, defensive names have swelled to outrageous valuations, putting them at risk for a reckoning should the bears take the wheel.…
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These 7% Yields Come With a Government Guarantee

Something strange happened recently, and it’s set up a terrific—and almost totally overlooked—profit opportunity for you.

What is it?

The European Union is going to ensure that people who held bonds in two recently failed banks (Veneto Banca and Popolare di Vicenza) will get a 100% bailout.

Now unless you’re holding these specific bonds, you’re probably wondering what this could possibly have to do with you.

Stick with me—I’ll get to that in a second. First, back to the bailout.

The EU’s move isn’t actually all that surprising. We’ve seen governments bail out bondholders many times since 2007 (and the EU has been doing even more bond bailouts in the last couple years).…
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