My No. 1 “Buy Test” for 6%+ Paying CEFs

If you invest in closed-end funds (CEFs) or are thinking about it (and you should be!), I’ve got great news: there’s one simple indicator that tells you exactly when to buy (or sell) these high-yield income plays. (If you’re a member of my CEF Insider service, you probably know what I’m going to say next.) I’m talking about the discount to net asset value (NAV), which you can find on pretty well any fund screener. Today we’re going to see how one group of investors rode this simple metric to an amazing 662% in gains and dividends. Your 1-Click CEF “Buy Alarm” The discount to NAV is unique to CEFs.… Read more