MCN - MCN: An Underfollowed CEF With A Fantastic Yield

• CEFs are often able to use strategies that other funds cannot in order to boost their yields or returns.
• MCN uses a covered call-writing strategy along with a valuation-driven stock investing strategy to reward its investors.
• The fund is very well diversified across multiple sectors and includes numerous companies that are not normally seen in funds.
• The 8.79% yield is better than most other things in the market and appears to be sustainable.
• The fund trades at a premium, which is disappointing but it is more attractive than normal.

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