Tag: CEF Trap
I Love CEFs – But I Hate These 212 Loser Funds
Closed-end funds (CEFs) are increasingly becoming favorites of retirees looking for income. And why not? Many pay 5%, 6% and even 7% or more today. In a world where stocks yield 2% and bonds just 3% or so, the extra dividends can be the key to a comfortable retirement. The “closed” in CEF technically means […]
