Dividend-News

Daily dividend news for investors in dividend stocks


My Favorite 7 Closed End Funds For Lucrative Dividends

Published Fri, 07 Oct 2011 05:37:10 -0400 on Seeking Alpha

Closed end funds (CEF) are one of my most lucrative investments. CEF's are off-the-beaten path and offer a wellspring of profitable ideas. They are a personal core dividend income component of maintaining a successful monthly dividend cash flow. I'll expand upon seven CEF's which I own and are own my investment radar. [Click all images to enlarge] Eaton Vance Tax-Managed Global (EXG) Eaton Vance Tax-Managed Global offers a 14.4% dividend yield. The fund is trading at a 15.4% discount to net asset value (NAV). This is one key aspect to investing in a CEF: the investor can buy dollar bills for a fraction. This is because once an CEF has its IPO, the CEF shares are not marketed by a brokerage firm. The fund does not have a managed payout policy. Eaton Vance, a high-quality CEF manager, oversees operations. The expense ration is a very reasonable 1.06%. The recent SEC... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
GABELLI GLOBAL GOLD NAT RES & INC TRUST 4.44   0.0 0.00 0.00 13.48
ABERDEEN ASIA-PACIFIC INCOME FUND 4.20   0.0 0.00 0.38 9.11
EATON VANCE TAX-MAN GLOBAL DIVERSIFIED 8.36   0.0 0.00 0.00 8.75
CALAMOS STRATEGIC TOTAL RETURN FUND 13.01   0.0 0.00 0.99 7.66
EATON VANCE TAX-ADV GLOBAL DIVIDEND INCOME FUND 16.41   0.0 0.00 0.00 7.54
COHEN & STEERS INFRA FUND 27.26   0.0 0.00 0.00 6.88

GABELLI GLOBAL GOLD NAT RES & INC TRUST - GGN
GABELLI GLOBAL GOLD NAT RES & INC TRUST - GGN  


Older articles featuring Gabelli Global Gold Nat Res & Inc Trust (GGN):
GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 Per Share
GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 Per Share
GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 Per Share
GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 Per Share
GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 Per Share
Gold Mining Stocks Broaden Their Appeal - With Dividends
BCX: A 7.8%-Yielding CEF With Diversified Exposure To Commodities
Closed-End Funds: 12 Funds In The 10%+ Yield Club At A Discount
The Fed's Decision May Yield A Surprise
Using BCX's 7+% Yield, To Hedge Against Inflation In Your Income Portfolio

More