With exchange-traded funds (and their low costs) increasingly gaining favor among investors, closed-end funds (CEFs) have largely been relegated to the background – a situation the author of today’s article laments as he notes that, in many cases, CEFs are “a superior source of quality and raw total-return performance” relative to their ETF counterparts. He proceeds to highlight what he sees as three such CEFs – each offering high yields up to 9.6%. To read about these three CEFs – and the case for why they outclass their more popular ETF counterparts – CLICK HERE.
These 3 High-Yield CEFs May Be Better Picks Than Their (More Popular) ETF Counterparts
- by Bob Mitchell