4 Dividends Up to 11.7% From My Own Watch List

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By Michael Foster

When investors ask me why they should invest in closed-end funds (CEFs) , I tell them three things:

First, CEFs pay an outsized income streamaEUR"7% yields are easy to get and easy to sustain with a CEF portfolio.

Second, CEFs often trade for less than their intrinsic worth. While ETFs trade at their net asset value (NAV, or the liquidation value of the assets in their portfolios), CEFs can trade for 10% less aEUR

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Options
Referenced Symbols: NBO , HEQ , USA , IGR

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