Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Everyone Has Missed This Amazing 95-Year-Old Fund (Which Yields 9.8%) By: Contrarian Outlook November 10, 2022 at 04:00 AM EST Let’s use this November rally to “front-run” even bigger gains in 2023. Our target buys: closed-end funds (CEFs) yielding 10%+ and trading at double-digit discounts. We’re keen to move now because, with a 20%+ loss this year, stocks (and the CEFs that hold them) are way oversold. And with the market’s tendency to rise into year-end (the much-loved Santa Claus rally), now is a great time to buy. One smart option here is a CEF called the General American Investors Company (GAM), payer of a 9.8% dividend. GAM is one of the most reliable CEFs there is, with roots stretching back to 1927.… 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.
Everyone Has Missed This Amazing 95-Year-Old Fund (Which Yields 9.8%) By: Contrarian Outlook November 10, 2022 at 04:00 AM EST Let’s use this November rally to “front-run” even bigger gains in 2023. Our target buys: closed-end funds (CEFs) yielding 10%+ and trading at double-digit discounts. We’re keen to move now because, with a 20%+ loss this year, stocks (and the CEFs that hold them) are way oversold. And with the market’s tendency to rise into year-end (the much-loved Santa Claus rally), now is a great time to buy. One smart option here is a CEF called the General American Investors Company (GAM), payer of a 9.8% dividend. GAM is one of the most reliable CEFs there is, with roots stretching back to 1927.… Read more Read More >>