Tag: blue chip CEFs
The “Smart CEF Money” Is Buying These 8%+ Yields
Closed-end fund (CEF) investors regularly go crazy. Their bouts with investment insanity often present us contrarian income hunters with 8%+ yields. And big price upside to boot. But be careful, because these first-level types can be as greedy as they are fearful. It’s important to fade both of their emotional extremes for dividend security and […]
Yellen Just Slapped A “Buy” Rating On These 8% Yields
As recently as last week, many high quality closed-end funds (CEFs) were being neglected thanks to the headline worry that higher rates would hurt them. That nonsense stopped abruptly when Fed chair Janet Yellen basically slapped a “Buy” rating on the entire sector! Her dovish outlook was taken as a cue that CEF investors could […]
