Discover 7% Or Higher Yielding 'Sleep Well At Night' CEFs

Friday, 18 October 2024, 11:00

Learn about 7% or higher yielding closed-end funds that can help you 'sleep well at night'. Explore the benefits of Reaves Utility Income Fund and Eaton Vance Floating-Rate Income Trust for enhancing your income-oriented portfolio.
Seekingalpha
Discover 7% Or Higher Yielding 'Sleep Well At Night' CEFs

Exploring the Optimal Choice for Your Income Portfolio

In today's turbulent markets, many investors seek *safe* and reliable sources of income. Closed-end funds (CEFs) that yield 7% or higher present an *exceptional opportunity* for those looking to bolster their earnings. Noteworthy options include the Reaves Utility Income Fund and the Eaton Vance Floating-Rate Income Trust.

Benefits of High-Yield CEFs

  • Reliable Income: CEFs typically distribute monthly dividends, ensuring consistent cash flow.
  • Diversification: By investing in a range of securities within a fund, you reduce risk.
  • Professional Management: Expert fund managers oversee the investment strategies.

Key Highlights

  1. Reaves Utility Income Fund: Focused on the utility sector, offering stability and returns.
  2. Eaton Vance Floating-Rate Income Trust: Capitalizes on interest rate increases, enhancing yield potential.

For those prioritizing income, considering these funds may provide peace of mind alongside substantial returns. Embrace the opportunity to enhance your financial strategy with these carefully selected CEFs.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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