Tariff Panic Gives Us a Deal on 2 Huge Dividends from PIMCO’s “A-Team” (up to 12.3%)

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Tariff Panic Gives Us a Deal on 2 Huge Dividends from PIMCO’s “A-Team” (up to 12.3%)

On one front, this tariff pandemonium changes nothing for us: We still see our favorite high-yield investments—8%+ paying closed-end funds (CEFs)—as the best choice to anchor your retirement portfolio.

In fact, times like this add to their appeal even more.

That’s because, in a crash, we CEF investors don’t have to sell a single unit of our funds to get the cash we need to fund our lives. Our big dividends—many of which roll in monthly—take care of our needs for us.

Then there’s CEFs’ discounts to net asset value (NAV, or the value of their underlying portfolios). This unique-to-CEF measure tells us when a fund is cheap or pricey.… Read more

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3 CEFs That Have Soared Up to 47% Annualized (and 1 Is Still a Bargain)

Here’s some good news in these uncertain times: Most investors who’ve invested for the long haul are well-equipped to deal with this selloff. That’s because, over the last five years, stocks have been on an absolute tear.

In that period, the S&P 500 has delivered an average annual total return of 19.1%, as of this writing. That’s more than double the average of about 8% in the last century.

Looking at Various Time Frames Can Skew Our View

Think back five years for a moment. Back then, the stock market’s prospects looked bleak, indeed, as we were at the beginning of the pandemic-driven selloff.… Read more

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