Author: Michael Foster, Contrarian Outlook

Here’s some great news as we head into the summer market doldrums: we’ve got a TERRIFIC setup to buy, with stocks rallying, economic data strong— and the S&P 500 (and many high-yielding closed-end funds) still cheap.

In addition to their high yields, they give you diversification and exposure to high-quality American stocks, corporate bonds and global real estate. They sport attractive valuations, too.

Both are good values today, on a historical basis.

Few folks know it, but there’s a way to tap the surging AI trend for a growing 10% dividend. Better still, this monster “AI-powered payout” comes our way MONTHLY and at a discount.

These are currently the highest-yielding and most heavily discounted muni-bond CEFs out there.