When it comes to reliable income, the author of today’s article notes that “utilities have provided that for decades” – and he proceeds to highlight a group of ten utility closed-end funds (CEFs) that offer more generous payouts than the Utilities SPDR ETF. Moreover, all but one of these CEFs “have impressive long-term annualized returns of over 6%, with 4 delivering double-digit returns over the long haul”, and all but two are currently available at a discount to their net asset value. For these ten utility CEFs, CLICK HERE.
Get Reliable Income From Utility CEFs
- by Bob Mitchell