GOF: Why Discounts (Premiums) Matter When Buying CEFs (Rating Upgrade)

Group 1 - The Income Compounder Portfolio utilizes an Income Factory strategy focused on compounding investment income through reinvesting and increasing the share count of dividend-paying securities, which aids in generating a growing income stream over time, irrespective of market conditions [1] Group 2 - When assessing closed-end funds (CEFs) for potential income investments, it is advisable to consider the current price in relation to the NAV (net asset value) of the fund, referred to as the Discount if the market price is lower [2] - The investor profile described is income-oriented, seeking high-yield investments to supplement retirement income beyond pension and Social Security, with a focus on dividend-paying stocks and funds such as BDCs, REITs, CEFs, and ETFs [2]