Top Tax Advantaged Equity CEFs 2014

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Find 5 best performing tax advantaged equity closed end funds 2014. Top CEF funds are John Hancock Tax-Advantaged Dividend Income Fund, Eaton Vance Tax Advantaged Dividend Income, etc.

Tax Advantaged Equity Funds

Tax Advantaged Equity CEFs | Best Performing Closed End Funds - 2014If you are investing in your regular brokerage account, you need to consider tax advantaged equity funds. These funds provide high return and income while minimizing capital gains taxes. The fund managers will use active tax management to maximize the fund’s return. These funds invest in U.S. stocks and possible non-U.S. stocks.

Tax advantaged equity funds are popular especially through closed end funds. You can find the top performing tax advantaged equity CEFs review below. These funds may provide high return in 2014.

The 5 best performing tax advantaged equity closed end funds 2014 are:
  1. John Hancock Tax-Advantaged Dividend Income Fund (HTD)
  2. John Hancock Tax Advantaged Global Fund (HTY)
  3. Eaton Vance Tax Advantaged Dividend Income Fund (EVT)
  4. Eaton Vance Tax Advantaged Global Dividend Income Fund (ETG)
  5. First Trust Active Dividend Income Fund (FAV)
Updated on 2/2/2014

John Hancock Tax-Advantaged Dividend Income Fund (HTD)

John Hancock Tax-Advantaged Dividend Income Fund - HTDJohn Hancock Tax-Advantaged Dividend Income Fund utilizes its assets to purchase dividend paying common and preferred stocks. These popular CEF has total assets of $1.2 billion. This stock fund has an effective leverage of 35.08%. The expense ratio fee is 1.64%. It also has a high dividend yield of 7.00%.

This best performing closed end fund has returned 14.09% over the past 3 year, and 23.37% over the past 5 year. In 2013, it has a year to date return of 8.13%. Morningstar has ranked this closed end fund with 4 stars and silver rating.

The top 3 stock holdings are ONEOK Inc, Metlife preferred, and Wells Fargo & Co, San Francisco Ca Preferred. The top 2 sectors are utilities and financials.

Eaton Vance Tax Advantaged Dividend Income Fund (EVT)

Eaton Vance Tax Advantaged Dividend Income Fund - EVTRanked with 3 stars rating, Eaton Vance Tax Advantaged Dividend Income Fund has a market value of 1.3 billion. The 52 week price range is $17.00-$20.77. The current share price is $18.91. This top tax advantaged stock fund has an expense fee of 1.48% per year. The current distribution rate is 6.74%.

This best performing closed end fund has a 5 year annualized return of 21.75%. The top 5 stocks in its portfolio are Chevron Corp, Exxon Mobil Corporation, Pfizer Inc, Occidental Petroleum Corporation, and Wells Fargo & Co.

First Trust Active Dividend Income Fund (FAV)

First Trust Active Dividend Income Fund - FAVFirst Trust Active Dividend Income Fund uses its assets to buy dividend paying multi cap global equity securities. Its expense ratio fee is 1.49%. In 2014, this Tax Advantaged Equity CEFs has a year to date return of -3.92%. It has a 5 year average return of 8.96%. The best performing tax advantaged equity closed end fund has $79 million of total assets.

Fund Returns


NoFund NameTickerYieldMarket CapYTD Return %1 Year Return %
1JH Tax-Advantaged Dividend IncHTD7.13%$696M1.65%4.16%
2JH Tax Advantaged GlobalHTY10.27%$122M0.00%7.56%
3EV Tax Advantaged Dividend IncEVT6.91%$1,353M-1.30%9.73%
4EV Tax Adv Global Dividend IncETG7.55%$1,238M-3.55%14.18%
5First Trust Active Div IncomeFAV7.25%$69M-3.92%11.90%
6EV Tax Adv Global Div OppsETO7.72%$337M-4.40%16.27%
7Nuveen Tax-Adv Div GrowthJTD7.67%$215M-5.30%3.10%
8Gabelli Dividend & IncomeGDV5.18%$1,721M-5.65%23.42%
9Nuveen Tax-Adv Total ReturnJTA7.37%$180M-7.80%21.45%

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