U.S. Equity CEF With Top 3 Year Risk-Adjusted Performance

By Epsilon: << Return to Part lV Below is a list of four closed-end funds (CEF) that yield over 10% and are currently trading at a 0% to 2% discount to their respective net asset value (NAV):

By Epsilon: << Return to Part l Below is a list of five closed-end funds (CEF) that yield over 10% and are currently trading at a 9% to 12% discount to their respective net asset value (NAV):

By Douglas Albo: BlackRock came out with their first quarter distribution declarations for their Closed-End funds (CEFs) on March 1, 2012 and we finally saw a major distribution cut for the BlackRock International Growth and Income Trust fund (BGY). This was not a big surprise and I had been anticipating this for over a year.

By Douglas Albo: About four months ago on June 7th, I wrote an article called "The High Cost of High Distributions" in which I showed how ultra high yielding equity based closed-end funds (CEFs) which had overly high net asset value (NAV) yields of 12% or higher were, in fact, yield traps for investors and the end result was far in

By Douglas Albo: Return of capital (ROC) is a term used by sponsors of high yielding Closed-End funds (CEFs) to describe that portion of any distribution that is not designated as either ordinary (investment) income or realized capital gains. In other words, fund sponsors of equity CEFs try to predict how much their funds should earn each year and set their monthly or quarterly distributions based on that expectation.

Frank J. Constantino submits:The world of investing in closed-end funds can be difficult to navigate. CEFs must be carefully selected based not only on their management, expenses, and assets, but also on their market price versus their net asset value (NAV). Investors putting money to work in a fund trading at a premium to its NAV are essentially paying an additional fee, sometimes as high as 20%.

By Epsilon: << Return to Part 4 Below are eight closed-end funds with 9% to 9.5% yields, distributed monthly:

George Spritzer submits: The Delaware Investments Dividend and Income Fund (DDF) is a balanced closed-end fund that seeks current income through investment in equities and fixed income. Capital appreciation is a secondary consideration.DDF is currently selling at a discount to NAV of -6.20% (as of Feb 28, 2011) which is the maximum discount over the last year.