Our “Once-in-5-Year” Shot at These 8% Dividends Is Now

We’ve got a once-in-5-year buy window open to us in one of the highest-yielding investments out there. And (for once) we can thank the Fed for these cheap 8%+ payouts! I’m talking about closed-end funds (CEFs), a corner of the market where rich 8%+ yields (and monthly payouts) are the norm. These (too) often-ignored funds are set to spike because the last time Powell & Co. acted like they are now, CEFs’ prices soared—and they handed their lucky investors big price gains to go along with their huge dividends. If 2023 Is 2019 Redux, CEFs Will Explode Higher To see what I’m getting at here, think back to late 2018.… Read more