Author: Michael Foster, Contrarian Outlook

It’s one of my favorite CEFs…

After years of failing to produce decent returns, bonds are back.

You’ll get $1,175 per month for every $100k you put in, and it works well to temper the volatility of your overall portfolio, too.

While stocks have priced in many of the improvements in the US economy, corporate bonds haven’t. Which is the basis of our opportunity here.

One yields 8.9% and is trading at a 9.1% discount.