These 3 CEFs (Yielding 6%+) Were Just Launched. Should You Buy?

There’s no doubt inflation is eating into our wealth, but luckily we have a solution—closed-end funds (CEFs)! These unheralded income-and-growth plays are the answer to the wave of inflation we’re all living through, with 6.9%+ payouts that outrun surging consumer prices and crush the typical stock’s paltry 1.3% yield, too. Members of my CEF Insider service know this well: that 6.9% figure is exactly what our 17-fund portfolio yields today, with the highest payer of the bunch throwing off an outsized 8.1% payout as I write this. And that’s before we even talk about gains! Investors who’ve been with us since launch in early 2017 have enjoyed a tidy 11.9% annualized return (with dividends reinvested), a gain that consistently leaves inflation in the dust.… Read more