2024-03-14 07:35:00 ET
Summary
- CEFs are a great option for income investors due to diversification and legal requirements for high distributions.
- CEFs often use leverage and are actively managed, leading to higher distributions compared to other funds.
- Expense ratios for CEFs can vary widely, and there are more important factors when evaluating investments.
Co-authored with Beyond Saving.
The stock market is vast, with literally thousands of publicly traded investments to choose from. As an income investor, I frequently find that CEFs (Closed-End Funds) are among the best options to achieve my goals. My primary goal is to maximize the cash flow that my portfolio is producing. I call it The Income Method . The primary goal for any investment I make is to increase my current and future income....
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For further details see:
CEFs: A Great Tool For Passive Income