This Surprising Fund Has Soared 59% (it’s just getting started)
October 17, 2019 at 05:00 AM EDT
If you own closed-end funds (CEFs) , I have great news: equity CEFs are doing exactly what we want them to: crushing the market while handing us 7%+ dividends. (And if you’re not yet in CEFs, or want to bulk up your CEF holdings, sit tight: I’ll name a fund you can buy shortly. It has an extra kick in store, thanks to an over-torqued corporate failure: I’m looking at you, WeWork.) First, here’s what stocks have done this year: Stocks Soar … And here’s what CEFs are up to (with the beige line at the top being the equity CEFs tracked by my CEF Insider service).… Read more