Author's note: This article was initially released to members on October 24, 2019.
This commentary followed the publication of The Chemist's Quality Closed-End Fund Report: October 2019. All funds in this report have >100% earnings coverage.
Checking out the highest-yielding "Quality" funds
Due to last December's sell-off depressing average 1-year discount values, the D x Y x Z list has become less useful as many funds have positive z-scores (thus excluding them from the D x Y x Z calculation) yet may still be attractively valued. Hence, looking at the top-yielding "Quality" funds