Here’s What I Expect From Stocks (and CEFs) for the Rest of 2022

Let’s talk about last Friday’s market crash and the wobbly markets we’ve seen since. Because at times like this, our closed-end fund (CEF) dividends are a key tool to help see us through. As seasoned CEF investors know the standout strength of these 500 or so funds is their high payouts, which yield around 7%, on average today. Payouts like those can tide us over until we get to the other side of a market meltdown. So what’s our strategy? In CEF Insider, as with all of our Contrarian Outlook premium newsletters, we’re staying light on our feet, ready to sell struggling holdings quickly, and to pick up bargain-priced dividend payers when they appear.… Read more