Author: Michael Foster, Contrarian Outlook

There’s a quiet shift happening in closed-end funds (CEFs) — and it’s primed to give those who buy now some very nice upside in 2023. And that’s in addition to the rich 7%+ dividends CEFs hand us.

Today we’re going to build ourselves a portfolio that hands us a double-digit yield… and we’re going to do it with just three funds.

It’s a prime example of a CEF with loads of upside potential right now.

Now is the time to buy this fund for its “dividend trifecta”: a high yield, a monthly payout and a discount that’s almost “hardwired” to disappear.

Let’s discuss the most important metric for telling whether your CEF is overvalued — and thus ripe for a drop in price…