But salvation is available if you go just one step beyond the mainstream stocks and funds everyone invests in. One corner of the market where high yields run like water is closed-end funds (CEFs). The twist is that, instead of 1.3% yields, CEFs pay a hefty 7%, on average. High Yield CEFs CEF InsiderThese three CEFs get you the 10% dividend yield you need to get $2,500 per month with just $300,000 invested. For more great income ideas, click here for our latest report “Indestructible Income: 5 Bargain Funds with Safe 8.3% Dividends.”Disclosure: none

Source: Forbes April 17, 2021 23:15 UTC