How Equity CEFs Pay Out 6.6%+ Dividends – Even in a Downturn
July 18, 2019 at 05:00 AM EDT
Today we’re going to dive into a question subscribers to our CEF Insider service often ask: what happens to a closed-end fund ’s dividend when stocks take a tumble? The answer is coming up shortly (and if you’re at all worried about this levitating market suddenly snapping back, you’re going to like what I have to show you). Then I’m going to reveal one 6.6%-paying fund whose management is dialed in to market swings and know how to protect their investors’ income when things get rough. How do I know? Because they did just that in the 2008-09 crisis. More on that shortly.… Read more