ILAB 63 – Talking CEFs for 9.9%+ Yield with ‘CEF Professor’ Michael Foster

“Closed End Funds offer high yields and tend to have safer dividends than a lot of high yield alternatives”

 Michael Foster 

Michael Foster is the Lead Research Analyst for Contrarian Outlook. He is the only analyst in the world who is 100% devoted to CEFs with market caps under $1 billion. Michaels reports are widely read by analysts and portfolio managers at some of the largest hedge funds and investment banks in the world, with trillions of dollars in assets under management.

During the show, Brett Owens talks with Michael on the CEFs to buy with safe dividends and high yields. You’ll learn the difference between Closed End Funds, Mutual Funds, and Exchange Traded Funds including buying at a discount. Sam Marks will share his experience buying CEFs and explain the process.

Listen to ILAB 63 on iTunes here or subscribe on your favorite podcast app.

ILAB 63 Show Notes


Links:

Contrarianoutlook.com

The CEF Newsletter

 

Where are we:

Johnny FD – Ukraine
Sam – Asia

 

Discussed:

Michael’s Articles

> The 9.9% Yields Every Retiree Must Own

> 10 Funds That Crush the Market and Pay up to 9.5%

> Gabelli Equity Income Fund

 

Sam’s Municipal Bond CEFs 

VTN
VPV
IIM
BKN
NAD

 

ILAB 33 – Brett Owens, 3 Recession Proof REITs to Buy Now

 

Try FreshBooks Free

 

 

 

 

Books:

Start Here – Recommended Reading

 

Time Stamps:

07:15 – Safe dividends and yields
10:27 – Close end funds, mutual fund, and ETF
14:35 – CEF quantity and discounts
20:51 – Typical investors
27:33 – Types of funds with high payout
41:59 – Buying CEF and municipal bond funds
43:27 – Downsides to CEF
47:32 – Process of buying

 

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  • Jacob Cruze

    Great episode, i invested my first 1k$ in Fundrise with your link. now i see there are other options for non taxed dividends. Are they any Tax Free monthly dividends , reits? or other things i can put my money in to get 1-4% monthly? this guy Ryan Moran of freedom-fastlane has a podcast also about reits and amazon, you guys should interview him.
    – Jay