BST - 2 High-Yield Tech CEFs 5.6% To 11% With No K-1s Outperforming The Market
Looking for better yields in the tech industry? Join the club - the tech sector has long been known for its stingy payouts. However, there are two vehicles, both closed-end funds with exposure to the tech sector, which feature very attractive yields.
The Columbia Seligman Premium Technology Fund (STK) was launched in late 2009, with a base yield of 8.55%, and pays quarterly. It has total expenses of 1.15%, with no leverage.
We added STK to our Hidden Dividend Stocks Plus portfolio in February 2018. Since then, it has delivered a total return