Revealed: The One CEF-Picking Strategy I Use Every Day

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By Michael Foster

Today IaEURtmm going to peer into my crystal ball and give you the scoop on where high-yield closed-end funds (CEFs) might be headed in 2019.

Then IaEURtmll give you a proven way to zero in on the ones that are the best bargains for your portfolio now.

CEFs Come Out Flying

First, if you own stocks through CEFs (and if you donaEURtmt, click here to discover why these 7%+ payers are a retirement aEURoemust-haveaEUR ), youaEURtmre already outrunning the market: my CEF Insider Equity Sub-IndexaEUR"a great proxy for stock-owning CEFsaEUR"is up 13.7% since January 1, a nice lead on the S&P 500aEURtms 12.3% gain.

Even better, CEFs are cruising upward without getting ahead of themselvesaEUR"exactly what we want in a rock-solid income play. As you can see below, 85% of these funds are still cheap when you compare their market prices to their net asset values (NAVs, or the liquidation value of their portfolios):

CEFs Are Still Bargains 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: EDF , CAF , IIF , DSE

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