This “Lame” 3.8% Dividend Crushes Stocks (and It’s Cheap)
Michael Foster, Investment StrategistUpdated: August 11, 2025
When it comes to closed-end funds (CEFs), many investors are always focused on one thing: the dividend.
It makes sense: CEFs pay 8.5% yields, on average, according to data from my CEF Insider service.
But sometimes it pays to look beyond those big payouts, because by doing so, you could find a CEF with a track record so strong that its total return (dividends and gains combined) beats that of a CEF with a high yield.
I don’t know about you, but I’m willing to take more of my return in the form of price gains if it means, say, doubling my money in five years!… Read more