Introduction
My appreciation goes out to Robert, who has encouraged me to look at closed end funds (CEFs) for their high yields, and provided suggestions. This article focuses on CEFs from a risk-adjusted return perspective. The article is detailed to help investors in or nearing retirement understand the macro view. Readers interested only in closed end funds should skip to that section. Readers only interested in funds with high risk-adjusted returns that have done well during the past 18 months should skip to the May Model Portfolio Section.
As an investor nearing retirement, my financial