Author: Michael Foster, Contrarian Outlook

Next year will be one of the most important periods in the history of CEFs — a year in which picking the right funds for the constantly shifting environment (and moving out of those that no longer make sense) will be critical.

Don’t lament the lack of a Santa Claus rally this year, because it comes with a bright silver lining: we dividend investors have more time to pick up big yields on the cheap.

If history is any guide, the opportunity probably won’t last…

Thanks to this year’s pullback, many high-yielding funds are now offering us a “double discount”…

The fund gives you upside potential from beaten-down tech stocks, a bit of downside insulation from these firms’ low valuations, and — thanks to its covered-call strategy — an income stream that’s likely to hold up, no matter what 2023 throws at us.