The “Smart Money” Is Buying These 6%+ CEFs Trading At Discounts To NAV

Buy the Dip - traffic sign messagegettyWhat a time to be a contrarian!The economy is en fuego as AI boosts productivity (even if, yes, it’s cooling payrolls). Yet the mainstream crowd is hunkered down, terrified of an AI bubble.That sets up some very attractive deals in 8%-paying closed-end funds (CEFs), many of which have gone on sale in the last few weeks.2 “North Star” CEFs Show Us What to Do NowTo get a feel for the setup in front of us, all we need to do is look at two things.First, the Atlanta Fed’s G ...