These 3 Funds Offer Sky-High Yields of 15% or More and Trade at a Discount
My definition of a high yield is any yield at least twice the level of the S&P 500's yield. The threshold is currently around 2.56%. An ultra-high yield, in my view, is one that's four times higher than the S&P 500's yield. To reach that lofty level, a yield would need to be at least 5.12%. Many income investors would be happy to receive yields of over 5.12%. But what if you could get a yield of roughly triple that amount? Believe it or not, you can. These three funds offer sky-high yields of 15% or more -- and they even trade at a discount.The abrdn Life Sciences Investors (NYSE: HQL) is a closed-end fund (CEF) that, as its name indicates, invests primarily in life sciences companies. Aberdeen Investments launched this fund in May 1992, so it has a long track record. Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool
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