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 These 8%-Paying Funds Are Doing Something Truly Bizarre By: Contrarian Outlook September 21, 2023 at 05:00 AM EDT When I explain the appeal of closed-end funds (CEFs), I usually start with the big headline and throw a few bullets afterwards, kind of like this: CEFs yield an average 8%, and many of those dividends are sustainable and growing. CEFs invest in a variety of reliable and popular assets, like stocks, bonds and real estate investment trusts (REITs). CEFs often trade at discounts to the value of their portfolios. This is known as the discount to net asset value (NAV), and it means we can buy stocks, bonds and real estate through CEFs for less than we’d pay on the open market. … 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.
These 8%-Paying Funds Are Doing Something Truly Bizarre By: Contrarian Outlook September 21, 2023 at 05:00 AM EDT When I explain the appeal of closed-end funds (CEFs), I usually start with the big headline and throw a few bullets afterwards, kind of like this: CEFs yield an average 8%, and many of those dividends are sustainable and growing. CEFs invest in a variety of reliable and popular assets, like stocks, bonds and real estate investment trusts (REITs). CEFs often trade at discounts to the value of their portfolios. This is known as the discount to net asset value (NAV), and it means we can buy stocks, bonds and real estate through CEFs for less than we’d pay on the open market. … Read more Read More >>
