10% Dividend Yields From Closed-End Funds

In today’s markets (December, 2011), dividend paying stocks with yields above 10% are unusual. Fortunately, there are many Closed-End funds (CEFs) trading at a discount to net asset value (NAV) with dividends exceeding 10%. Below is a table of CEFs with dividend payouts exceeding 10%, which trade at a discount, and have expense ratios below 2.0%: Closed-End Fund (Ticker) Strategy Discount Expense Ratio Dividend Yield Morg Stan India Inv (IIF) Emerging Markets -9.85% 1.33% 21.62% India Fund (IFN) Emerging Markets -10.47% 1.32% 19.18% Eaton Vance Enh Eq Inc 2 (EOS) Opt Arb/Opt Strat -14.24% 1.13% 16.24% BlackRock Intl Gr & Inc (BGY) Opt Arb/Opt Strat -10.16% 1.11% 15.81% Strategic Global Income (SGL) Global Income -9.47% 1.18% 15.58% BlackRock Gl Opps Eq (BOE) Opt Arb/Opt Strat -9.67% 1.10% 14.78% Singapore Fund (SGF) Developed Market -7.73% 1.76% 14.68% AGIC Intl & Prem Str (NAI) Opt Arb/Opt Strat -5.67% 1.27% 14.22% Alpine Tot... Read more