Author: Nathan Slaughter, High-Yield Investing

Unless you’re happy with ordinary yields of 2% to 3%, you might want to take a closer look at the closed-end fund market. Here’s how to narrow down hundreds of funds into a short list of high-quality candidates.

I’m putting one of them on my watch list for my High-Yield Investing newsletter.

There are numerous metrics to help monitor a firm’s financial health, but for the purposes of today’s screen I want to focus on current ratio.

If you haven’t used this special tax-advantaged account before, now may be the time to consider it.

Not only did it just hike its quarterly distribution, lifting its yield to 13.3%, but it’s generating enough distributable cash flow (DCF) to cover its distribution 1.3 times over.