Should You Buy the 8 Percent Closed-End Fund a 68-Year-Old Couple Has Held for 12 Years and Most Advisors Will Not Touch?
Key takeaways
- Should You Buy the 8 Percent Closed-End Fund a 68-Year-Old Couple Has Held for 12 Years and Most Advisors Will Not Touch?
- SmartAsset s free tool can match you with a financial advisor in minutes to help you answer that today.
- A retired couple, both 68, has owned the same closed-end fund for 12 years, collecting an 8% yield the entire time.
Should You Buy the 8 Percent Closed-End Fund a 68-Year-Old Couple Has Held for 12 Years and Most Advisors Will Not Touch? Krakenimages.com / Shutterstock.com Drew Wood Fri, May 22, 2026 at 9:16 PM GMT+7 6 min read EXG RQI Quick Read Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) yields 9.1% at market price with a 19% one-year total return, while Cohen & Steers Quality Income Realty Fund (RQI) yields 9% with monthly distributions of $0.09 plus periodic year-end specials. Both are closed-end funds generating the $16,000 annual income a retired couple needs, but require purchasing at meaningful discounts to NAV to justify the strategy.
Conservative yield strategies at 3.5% require $457,000 in capital to generate $16,000 annually but deliver growing income over two decades, while aggressive 8% CEFs like EXG and RQI deliver immediate income on just $200,000 but risk staying flat in real terms as inflation erodes purchasing power.
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