Updated: November 9, 2023
We’ve got clear proof that our favorite income funds—closed-end funds (CEFs), which yield 8% and up—are still well behind the rise we’ve seen in the S&P 500, and set to make up that ground.
While I can’t tell you exactly when that bounce will happen, we’re going to dive into the reasons why it’s very likely today. And, anyway, timing doesn’t matter too much to us at CEF Insider because we’re happy to use this time to buy our portfolio’s high dividends, which yield up to 13.7% as I write this.
The “Scared Retail Investor Lag Effect” and Our CEFs
Sadly “SRILE” doesn’t sound too appealing as an acronym, so I don’t think I’ll become famous for inventing it.… Read more