These S&P 500 “Dogs” Are Set to Bounce. This 8%-Yielding CEF Will Profit
Michael Foster, Investment StrategistUpdated: February 10, 2022
One of the best things about closed-end funds (CEFs) is that, even though there are only about 500 or so of these 7%+ yielders out there, you can find CEFs that win in every kind of market.
So with a few clicks, you can build a diverse CEF portfolio yielding well north of 7%. (The 20 holdings in our CEF Insider service’s portfolio, for example, yield 7.7% on average and hold everything from tech stocks to municipal bonds and real estate investment trusts, or REITs.)
Below I’ve got an 8% monthly dividend payer that’s primed for “snap-back” upside as one group of stocks—those that sell discretionary products, from electronics to clothing—spring back to life.… Read more