Author: Michael Foster, Contrarian Outlook

It’s tough to find the kind of growth and income stream these shares offer.

In short, its high yield is too good to be true.

You haven’t missed the boat yet.

I’m talking about a massive 7.5% income stream here (or nearly 4X the yield on the average S&P 500 stock) — and your capital should grow nicely while you pocket your dividend cash, too.

As investment strategist at CEF Insider, it’s my job to tip you off to the best closed-end funds (CEFs) out there. But it’s ALSO my job to steer you away from those that are, well, terrible.