The funny thing about that big yield is that it tends to attract naysayers who will tell you that these funds are just charging fees and giving you back your capital.
Stocks Analysis by Contrarian Outlook (Michael Foster) covering: Dow Jones Industrial Average, Microsoft Corporation, NVIDIA Corporation, Broadcom Inc. Read Contrarian Outlook (Michael Foster)'s latest article on Investing.com
The other day, we broke down how return of capital (ROC) can be both good and bad for investors in 8%+ yielding closed-end funds (CEFs). But in the case of high...
Read more about the Nuveen Core Equity Alpha Fund's (JCE) performance in 2024 and its historical benchmarks to determine its effectiveness and risk management.
Nuveen Core Equity Alpha Fund underperformed S&P 500 by almost 50% due to its option overlay strategy and low volatility levels. Read more about JCE Fund here.
Read here to know more about the volatility of Nuveen Core Equity Alpha Fund. There are other alternatives, emphasizing the importance of valuations for CEFs.