I get plenty of questions about specific closed-end funds from members of my CEF Insider service, which focuses on quick-moving smaller CEFs (here I mean those with sub-$1-billion market caps). We love these CEF “small fry” because they hand us big dividends (7%+ yields are common in this corner of the CEF market) at a bargain, because these funds get little coverage from Wall Street and the mainstream media. But when they do get “found,” their discounts disappear fast, catapulting us to some nice price gains to go along with our big payouts. New 6.5%-Yielding PIMCO Fund: Buy, Hold or Sell? … Read more