Sell These Five High-Yield Closed End Funds

Finally, we have the closely related Cornerstone Strategic Value (CLM), yielding 15.7%, and Cornerstone Total Return Fund (CRF), paying 15.3%. Unfortunately, both funds do not come close to earning the cash paid as dividends, and about half of those big yields are just a return of investor capital.

Well, that was fun. Five more CEFs I can cross off my list to research.

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Andrew Armstrong 1 month ago Member's comment

Not much "meat" here. Still not convinced these stocks need to be sold.