Author: Michael Foster, Contrarian Outlook

They’re ideal for retirees and other income seekers looking for a reliable income stream without the tax burden.

This diverse list has done a great job of both preserving and growing investors’ capital in a challenging year.

Let’s take a closer look at how a CEF’s returns land in your account as an outsized dividend payout.

All are top performers, averaging 11% annualized returns over the long term and either matching or beating their index. They’ll grow your investment to stratospheric heights.