Right now—today—we’re looking at a terrific buy window on 8%+ yielding closed-end funds (CEFs). Interest rates are maxed out (and let’s be honest, they’re headed lower—even if “go time” on cuts has been pushed back a bit). That will drive up the appeal of CEFs, thanks to their outsized income streams. So now is a great time to take a look at these (too) often overlooked income generators. Today we’re going to do just that. We’ll start by debunking a CEF myth called “return of capital,” or ROC, that has caused many investors to miss out on the sustainable high income streams these funds offer.… Read more