|Bid||13.15 x 1100|
|Ask||0.00 x 800|
|Day's Range||13.39 - 13.47|
|52 Week Range||13.19 - 16.34|
|PE Ratio (TTM)||16.35|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Investors looking for income with low risk tend to gravitate heavily toward bonds, but their efforts are often better spent in preferred stocks.
There’s a storm brewing for closed-end funds, but it’ll be over by Christmas. And with a quick hand, you and I can profit from it.
Closed-end funds (CEFs), by contrast, are virtually an afterthought, and that’s too bad. Because in many cases – including the three high-yield dynamos I want to show you today – they’re a superior source of quality and raw total-return performance.