The Sale of the Century: Three Funds for 10.6% Dividends

Today I want to show you how to build a “three-click” income portfolio that gives us three things every income investor craves, especially these days: Big discounts on our investments. Big dividends, with a 10.6% yield averaged out across three funds. Wide diversification, with investments from across the economy. Put the three closed-end funds (CEFs) I’ll show you below together into their own “mini-portfolio” and you could pull $10,600 in dividends from a $100K investment; $53,000 from $500K and a six-figure income stream—$106,000—from a million. Let me introduce these three high-yielding CEFs to you now. CEF #1: Tapping the Energy Boom for a 7.1% Payout The ClearBridge Energy MLP Total Return Fund (CTR) yields 7.1% as I write and comes to us at a 20.3% discount to net asset value (NAV, or the per-share value of its portfolio).… Read more
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