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3 Selloff Buys Paying 13.5% (With Big Price Upside In 2023 And Beyond)

Yield

These three little-known funds yield up to 13.5%–and their payouts are actually safer than they’ve been in years, thanks to the Fed-induced selloff.

Now is the time to buy them. Patient investors who do so will be nicely set up for annualized returns north of 14% in the long run, with most of that gain in dividend cash!

These three timely buys–all closed-end funds (CEFs)–are winners now because they let us buy stocks (and real estate, in the case of one of the funds we’ll discuss below) at a rare double discount: one discount on the CEF itself and another because investors have oversold many of the investments these funds hold.

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This post appeared first on Contrarian Outlook.