Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Our “Once-in-5-Year” Shot at These 8% Dividends Is Now By: Contrarian Outlook May 02, 2023 at 05:00 AM EDT We’ve got a once-in-5-year buy window open to us in one of the highest-yielding investments out there. And (for once) we can thank the Fed for these cheap 8%+ payouts! I’m talking about closed-end funds (CEFs), a corner of the market where rich 8%+ yields (and monthly payouts) are the norm. These (too) often-ignored funds are set to spike because the last time Powell & Co. acted like they are now, CEFs’ prices soared—and they handed their lucky investors big price gains to go along with their huge dividends. If 2023 Is 2019 Redux, CEFs Will Explode Higher To see what I’m getting at here, think back to late 2018.… Read more Read More >> Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Our “Once-in-5-Year” Shot at These 8% Dividends Is Now By: Contrarian Outlook May 02, 2023 at 05:00 AM EDT We’ve got a once-in-5-year buy window open to us in one of the highest-yielding investments out there. And (for once) we can thank the Fed for these cheap 8%+ payouts! I’m talking about closed-end funds (CEFs), a corner of the market where rich 8%+ yields (and monthly payouts) are the norm. These (too) often-ignored funds are set to spike because the last time Powell & Co. acted like they are now, CEFs’ prices soared—and they handed their lucky investors big price gains to go along with their huge dividends. If 2023 Is 2019 Redux, CEFs Will Explode Higher To see what I’m getting at here, think back to late 2018.… Read more Read More >>