Top High Yield Stock Closed End Funds for 2014 Investment

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Top high yield stock closed end funds for investment in 2014, best income stock CEF funds. These CEF funds provide high income and growth for investors. You can buy this investment funds from your brokerages.

Top High Yield Stock Closed End Funds Best Stock Closed End Funds

Stock closed end funds are not as popular as bond closed end funds. However if you seek growth and income, stock closed end funds are the right choice. Stock CEF funds are traded like stock or stock ETFs. They are categorizes into 2 main categories: U.S. stock fund and International stock fund. From these major categories, CEF funds are divided such as preferred stock fund, value stock fund, growth stock fund, global stock fund, emerging markets stock fund, covered call fund, real estate sector fund, etc.

These top high yield stock closed end funds are selected based on its potential for income growth and capital appreciation. These stock funds are among the best performer fund for the past 5 years in its category. You will find the fund review below. These funds are great for investment during this year, 2013 as well.

Top High Yield Closed End Funds for 2014 are:
  1. John Hancock Tax-Advantaged Dividend Income Fund (HTD)
  2. Delaware Enhanced Global Dividend & Income Fund (DEX)
  3. Cohen & Steers REIT and Preferred Income Fund (RNP)
Updated on September 19, 2013

John Hancock Tax-Advantaged Dividend Income Fund (HTD)

Classified as U.S. equity tax-advantaged fund, this John Hancock Tax-Advantaged Dividend Income Fund utilizes its assets to purchase dividend paying common and preferred securities. The fund managers are Susan Curry, Mark Maloney, Gregory K Phelps, and Lisa Welch. The dividend yield is paid on monthly basis. Its high yield is 6.75%. Currently, the fund’s share price is $17.55. The total net assets are $1.17 billion.

This top high yield stock closed end fund has a 3 year annualized return of 14.77%. The fund has returned 1.46% over the past 1 year and 13.54% over the past 5 year. Ranked with 4 stars and silver rating, its best 1 year total returned was occurred in 2009 with 42.82%.

As of August 2013, the top 3 sectors are utilities, financials, and energy. The top 5 stocks in its holdings are Wells Fargo & Co preferred, Spectra Energy Corp, OGE Energy Corp, DTE Energy Holding Co, and Intersate Power & Light Preferred.

Delaware Enhanced Global Dividend & Income Fund (DEX)

This Delaware Enhanced Global Dividend & Income Fund objective is to provide current income and capital growth. It invests mainly in stock, real estate, bond, emerging markets, and option strategy. It has a high dividend yield of 7.80%. The expense ratio is a bit high, 2.12%. The fund’s NAV is $12.89.

This five star rated fund has returned 8.79% over the past 3 year, and 10.93% over the past 5 year. The top 3 sectors are general equity, corporate debt, and convertible bond. The top 3 stocks are Toyota Motor Corp, CGI Group Inc, and Aryzta AG.

Cohen & Steers REIT and Preferred Income Fund (RNP)

Cohen & Steers REIT and Preferred Income Fund is a top real estate sector closed end fund. It uses its assets to purchase common stocks, preferred securities and debt securities. The total net assets are $1.21 billion. The expense ratio fee is 1.62%. The share price is $15.55. The current market price is trading at 13.61% discount to its NAV. Its high dividend yield is 7.71%.

This best stock closed end fund has a 5 year average return of 7.5%. The past 3 years performance is as follows:
  • Year 2012: 28.94%
  • Year 2011: 7.31%
  • Year 2010: 49.25%
The top 5 stocks are Simon Property Group Inc, Ventas Inc, ProLogis Inc, Equity Residential, and Health Care REIT Inc. The top 2 sectors are diversified REITs (50.29%), and preferred stocks (47.26%).

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