Author: Michael Foster, Contrarian Outlook

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.

It should be on any income investor’s radar.

Four are trading at large discounts to net asset value (NAV), making them an intriguing prospect right now.

Today I’m going to show you my favorite (perfectly legal) way to pay 0% tax on your dividend income.