AEP - 3 High Yielders Beating The Market In 2019: 7% To 9% But Selling At Discounts - No K-1s

Looking for winners in the high-yield space? Join the club. But here's the conundrum - when we find those "outperformers," they're often commanding very high valuations, which is not exactly music to the ears of a value investor.

However, there's a corner of the market where you can still find market-beating income vehicles which are selling at a discount. Closed-end funds, unlike mutual funds, have a fixed amount of shares, which can sell at a premium to or a discount to the underlying Net Asset Value - "NAV."

We've been down this road