Revealed: My Safe Fund-Picking Strategy for 7.5%+ Payouts

Here’s something few people realize about closed-end funds (CEFs) : sometimes, when it comes to these funds, matching the market means you’re actually beating the market. Let me show you what I mean using the AGIC Equity and Convertible Income Fund (NIE) , a CEF I recommended earlier this year. NIE has been meeting the S&P 500’s performance, though most people don’t know it. And by meeting the S&P but giving investors a 7.5% dividend yield, it’s helped income investors actually beat the market if they’d chosen a “dumb” index fund like the SPDR S&P 500 ETF (SPY) instead. First, let’s address the hidden returns.… Read more