monthlyincome (37.85)

High-Yield CEFs For The Next Year

January 10, 2012 – Comments (0) | RELATED TICKERS: AWF , EAD , ETG

Most investors tend to flock to the investments that are hot while overlooking unrecognized investments that don’t get much publicity. The same is often true with closed-end fund (CEFs) investments. How many times have you found a CEF trading at a premium of 30% or 50%? This happens as the demand for certain CEFs outstrip the company’s NAV price. Adding fuel to the fire, CEF companies frequently overstate returns on NAV in their documents by using creative accounting. The moral of the story, it is hard to tell what your real returns are for most CEFs. Here, we will identify some CEFs that will be winners in the New Year.

See list of CEFs for monthly income