3 High-Yield Closed-End Funds Paying 11.5% (and 1 ETF to Sell Now)

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Here’s something most people don’t realize: in the world of high-yield closed-end funds (CEFs), 7% dividends are actually on the smaller side.

While the more conventional ETFs will pay you 3% if you’re lucky, high-yield closed-end funds can pay out a lot more. With an average yield of 7.2%, according to data from my CEF Insider service, CEFs pay much more than the SPDR S&P Dividend ETF (SDY), which yields a meager 2.7%!


Source: CEF Insider

There are some off-the-beaten path ETFs that do have big yields, like the Global X SuperDividend ETF (SDIV), which pays a shocking 12.3% dividend as I write this.… Read more

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