09-23-2015, 03:31 PM
What is the general opinion around CEFs?
Specially as we enter a bear market and appreciation is sort of a mirage, is the idea of an attractive 8-12% paid in dividends something that interests you guys or not really?
Every time I buy shares of JNJ, XOM or PG I keep thinking to myself that buying a CEF paying 9% would probably mean a better return in the medium/long term (who knows...
).
An exhaustive list of CEFs out there:
http://www.dividend.com/dividend-stocks/...nd-equity/
Out of curiosity, right now I'm in ~ 50%/50% in terms of CEFS vs individual stocks, my CEF (EVT) is paying 9.40% while my basket of stocks is yielding 4.3%.
Specially as we enter a bear market and appreciation is sort of a mirage, is the idea of an attractive 8-12% paid in dividends something that interests you guys or not really?
Every time I buy shares of JNJ, XOM or PG I keep thinking to myself that buying a CEF paying 9% would probably mean a better return in the medium/long term (who knows...
). An exhaustive list of CEFs out there:
http://www.dividend.com/dividend-stocks/...nd-equity/
Out of curiosity, right now I'm in ~ 50%/50% in terms of CEFS vs individual stocks, my CEF (EVT) is paying 9.40% while my basket of stocks is yielding 4.3%.