EXG - EXG: Get Some Income Off Of This Diversified Closed-End Fund
One excellent, if underappreciated, method of generating income off of your investment portfolio is purchasing shares of closed-end funds. As the name implies, these are essentially mutual funds that do not offer new shares to investors constantly as ordinary mutual funds and exchange-traded funds do. Instead, they issue a fixed number of shares to the general public (although some have follow-on offerings on a regular basis) that then trade publicly on the various stock exchanges. The reason why these assets are good ways to generate income is that they generally pay out all received dividends