|Bid||22.3600 x 700|
|Ask||22.3800 x 200|
|Day's Range||22.3253 - 22.4700|
|52 Week Range||18.0000 - 22.4700|
|PE Ratio (TTM)||8.63|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Most folks buy closed-end funds for one reason: big yields!
As recently as last week, many high quality closed-end funds (CEFs) were being neglected thanks to the headline worry that higher rates would hurt them. That nonsense stopped abruptly when Fed chair Janet Yellen basically slapped a “Buy” rating on the entire sector!
Plenty of investors ask me about monthly dividend stocks—and with good reason. After all, who doesn’t like their dividends rolling in when their bills do?