Author: Michael Foster, Contrarian Outlook

Shares trade at a 6.6% discount to net asset value (NAV), and they’ve been crushing the index for years.

This fund should be on your list no matter what happens in the coming year. In short, it carries a special “insurance” policy if markets head south, it’s nicely positioned to gain when markets rise, and — the cherry on top — it pays a massive dividend.

Large payouts like this should continue to provide a nice hedge for shareholders (as well as a high income stream) through the market’s ups and downs.