QQQX - 5 Best CEFs To Buy This Month (October 2020)

• For income investors, closed-end funds are an attractive investment class that covers a variety of asset classes and promises high distributions and a reasonable total return.
• The market downturn earlier this year exposed the risk of high volatility and deep drawdowns with investing in closed-end funds. Obviously, they are not suited for everyone.
• In the CEF world, it's hard to figure out which funds to buy and when to buy.
• In this monthly series, we highlight five CEFs that have a solid track record, pay high distributions, and are offering "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

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