How Equity CEFs Pay Out 6.6%+ Dividends – Even in a Downturn
Michael Foster, Investment StrategistUpdated: July 18, 2019
Today we’re going to dive into a question subscribers to our CEF Insider service often ask: what happens to a closed-end fund’s dividend when stocks take a tumble?
The answer is coming up shortly (and if you’re at all worried about this levitating market suddenly snapping back, you’re going to like what I have to show you).
Then I’m going to reveal one 6.6%-paying fund whose management is dialed in to market swings and know how to protect their investors’ income when things get rough.
How do I know? Because they did just that in the 2008-09 crisis.
More on that shortly.… Read more