Last Time This Happened, These 2 Funds Soared 62%

Today we’re in a situation that looks a lot like 2016. And back then, some savvy contrarians tapped it to grab quick 62%+ returns. The same setup is back again —and so is our chance for more upside, plus yields north of 10%. There are two closed-end funds (CEFs) poised to deliver those high yields (and overall returns); we’ll compare two popular options in a moment. First, let’s delve into the state of the corporate-bond market, because there are a lot of misconceptions floating around right now. “Junk” Bonds Not as Risky as They Seem You might know high-yield bonds by their nickname: junk bonds.… Read more