monthlyincome (37.84)

Best Price Performance On CEFs With 10% Yield

February 01, 2012 – Comments (0) | RELATED TICKERS: AGD , EOI , EOS

It seems little has changed in early 2012 as seeking dividends are still the most favorable investing strategy. As this trend plays out, it is getting more difficult to find high yield investments trading at a reasonable price. So how did investors approach this issue in January? We can find insights by looking at CEFs with distribution yields greater than 10%. Many of these CEFs had excellent market price returns in the last 4 weeks. This is insightful as most of these funds performed poorly in price performance in the last 52 weeks. This is indicating that investors are digging deeper in the barrel to find high yield funds in hopes of a price performance improvement. So far in January, this strategy is working as the price performance significantly improved in these funds. The table below shows the list of monthly income CEFs with 10% yields and the highest market price performance in the last 4 weeks.

See List of CEFs with 10% Yields.