Financial News

5 CEFs Set to End 2018 With Big Gains (and 8.2% dividends)

We’ve seen a lot of volatility and fear in 2018, and that’s handed us a great buying opportunity—particularly in the 5 unloved funds I’ll show you below. Make no mistake: each of these 5 despised funds is poised for serious upside before 2018 is out … and they’ll pay us 8.2% average dividends, to boot. That’s enough to hand you $3,400 a month on a $500k nest egg! Before we get to them, let’s take a look back at the year so far and see what’s handed us this terrific opportunity. History Is Set to Repeat If you bought closed-end funds (CEFs) back in early March, when the market tanked and I urged investors to buy , you’d be enjoying a nice double-digit total return in just 6 months: Hated CEFs Turn the Corner Why did these 3 funds—the Reaves Utility Income Fund (UTG), the Cohen & Steers Infrastructure Fund (UTF) and the DNP Select Income Fund (DNP)— all of which I recommended back on March 1—soar?… Read more
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