Monday, July 13, 2026
The universe of closed-end funds (CEFs) attracts investors because of the high yields many pay. My subscribers know I have serious reservations about investing in CEFs. I’ve been known to call the CEF world the “junkyard of Wall Street.” Closed-end fund sponsors do not redeem shares from investors; rather, once shares are issued, they trade only […]
Subscribers who have been with me for a while know that I have a general negative opinion of closed-end funds (CEFs). I have heard them called the Junkyard of Wall Street. That said, I have added a few CEFs to the Dividend Hunter portfolio when I found ones with compelling potential. Currently, there are two […]
Investors are attracted to closed-end funds (CEFs) because of high yields and (often) stable monthly dividends. These types of dividends can provide stability in retirement. The challenge is not all CEF dividends are created equal. So let’s take a look at what to look out for… The CEF Connect website lists 423 CEFs that trade […]
Cheryl Pate is one of the managers of the Angel Oak Financial Strategies Income Term Trust (FINS), one of the closed-end funds we own in my Underground Income Service. Normally we would not share this information with everyone, but after giving paid members a first look, we decided her message was too important not to […]
It is a confusing time to be an investor, especially if your primary investing goal is generating a stream of income. We are in bear market territory on the back of successive rate hikes as I write this but there is an almost total absence of real fear. As we saw in last Friday’s 658-point […]
