Core Insights - Closed-end funds (CEFs) are currently trading at significant discounts, presenting potential investment opportunities for contrarian investors [2][3] - The article highlights several CEFs with attractive distribution rates and strategies, emphasizing their potential for income generation despite market inefficiencies [4][19] Group 1: CEFs Overview - CEFs can trade below their fair value for extended periods, with discounts reaching up to 12% [3][6] - Investors can secure yields as high as 9.7% from these funds, making them appealing for income-focused strategies [3][18] Group 2: Specific CEFs - **Nuveen Dow 30 Dynamic Overwrite Fund (DIAX)**: Offers an 8.4% distribution rate, utilizing a covered call strategy to reduce volatility while aiming for returns [4][5] - **Neuberger Berman Next Generation Connectivity Fund (NBXG)**: Provides an 8.3% distribution rate, focusing on technology and connectivity stocks, including significant players in artificial intelligence [7][9] - **Royce Micro-Cap Trust (RMT)**: Delivers a 7.5% distribution rate, primarily through long-term capital gains, trading at a consistent discount to NAV [10][13] - **Virtus Total Return Fund (ZTR)**: Features a 9.7% distribution rate, with a diversified portfolio of stocks and bonds, but has faced recent underperformance [14][18] - **Calamos Global Dynamic Income Fund (CHW)**: Offers an 8.4% distribution rate, investing globally across various asset classes, currently trading at a 10.7% discount to NAV [19][21]

Group 1 - The Liberty All-Star Equity Fund (NYSE: USA) is positioned as a potentially profitable investment for those anticipating growth in the U.S. stock market as trade tariff uncertainties diminish [1] - The fund is particularly appealing to investors focused on high-tech and early growth companies, as well as those interested in growth buyouts and value stocks [1]

Core Viewpoint - The Herzfeld Caribbean Basin Fund, Inc. has announced a distribution of $0.2325 per share as part of its Managed Distribution Policy, with stockholders having the option to receive cash or shares [1][2][4]. Distribution Details - The distribution was declared on May 9, 2025, with an ex-date and record date of May 23, 2025, and payment date on June 30, 2025 [1]. - Total cash distributed amounted to approximately $731,093.39, while a total of 1,187,755 shares were issued [2]. - Stockholders who opted for cash received $0.09418 per share, which is about 40.51% of the total distribution, while those who chose shares received approximately 0.0944 shares for each share owned [3][2]. Policy Overview - The Managed Distribution Policy aims to provide stockholders with a fixed minimum annual distribution rate of 15% of the Fund's net asset value as of June 30, 2024 [4]. - Distributions can occur quarterly, semi-annually, or annually, with the Board reviewing them each quarter to maintain the 15% annual distribution [4]. Financial Performance - The current distribution consists of 91.25% from net realized long-term capital gains and 8.75% from return of capital [8]. - The average annual total return in relation to NAV for the five-year period ending May 30, 2025, is reported at 2.52% [8]. - The cumulative total return for the fiscal year through May 30, 2025, is 0.09%, with cumulative fiscal year distributions as a percentage of NAV also at 17.55% [8]. Future Expectations - The Fund anticipates that future distributions will likely include returns of capital, which may not reflect the Fund's investment performance [6]. - The Board has the discretion to change the amount distributed per share and may need to sell portfolio securities to maintain distribution levels [5][6].

Happy mature woman walking embraced with her friends in nature.gettyFew things ease financial worry like knowing you can walk away from work anytime you want, having true financial freedom.Closed-end funds (CEFs) give us just that kind of security—and we talk about that a lot in my weekly articles and in my CEF Insider service. With yields of 8%, 9% and more, CEFs generate huge payouts that could let you retire earlier than you think.It’s such a powerful—and overlooked—way to invest that it’s worth revisiti ...

Core Insights - The article emphasizes the potential for investors to seek stable investment opportunities amid ongoing equity market volatility, particularly focusing on closed-end funds (CEFs) and exchange-traded funds (ETFs) that offer reliable income streams [2]. Group 1: Investment Strategies - The CEF/ETF Income Laboratory manages portfolios targeting safe yields of approximately 8%, aiming to simplify income investing for members [2]. - The service provides actionable income and arbitrage recommendations, in-depth analysis of CEFs and ETFs, and fosters a community of over a thousand members focused on income generation [2]. - The majority of holdings in these portfolios are monthly-payers, which enhances compounding and smooths income streams for investors [2]. Group 2: Expertise and Background - Nick Ackerman, a former financial advisor with over 14 years of personal investing experience, contributes to the coverage of CEFs and ETFs [3].