Here are ten closed-end funds (CEFs) with notably high distribution yields as of early 2025. These funds span various sectors, including fixed income, infrastructure, and energy, offering diverse opportunities for income-focused investors:

---

🔟 Top High-Yield Closed-End Funds

1. PIMCO Dynamic Income Fund (PDI)
   • Yield: 13.7%
   • Focus: Multi-sector bonds, including high-yield credit and mortgage-backed securities.
   • Note: While offering substantial yields, PDI has faced challenges in covering distributions through net investment income, relying on leverage and derivatives. dividenddetective.com+7Blue Harbinger Investment Research+7Kiplinger+7
2. PIMCO Dynamic Income Opportunities Fund (PDO)
   • Yield: 11.2%
   • Focus: Non-agency mortgages, U.S. government bonds, and high-yield credit assets.
   • Highlight: Managed by PIMCO, known for its expertise in fixed income investments. Mitrade+3Kiplinger+3dividenddetective.com+3The Motley Fool+1Nasdaq+1Blue Harbinger Investment Research
3. BlackRock Debt Strategies Fund (DSU)
   • Yield: 11.04%
   • Focus: Primarily invests in corporate loans, some secured by collateral, offering a balance between yield and risk. Mitrade+2The Motley Fool+2Nasdaq+2Nasdaq+2Mitrade+2The Motley Fool+2
4. DoubleLine Income Solutions Fund (DSL)
   • Yield: 10.48%
   • Focus: Below-investment-grade bonds, asset-backed securities, bank loans, and collateralized loan obligations.
   • Management: Led by Jeffrey Gundlach, often referred to as the “Bond King.” Mitrade+2The Motley Fool+2Nasdaq+2Nasdaq+2Mitrade+2The Motley Fool+2The Motley Fool+2Nasdaq+2Mitrade+2
5. Advent Convertible and Income Fund (AVK)
   • Yield: 12.3%
   • Focus: Convertible bonds and income-generating securities, providing potential for both income and capital appreciation.
   • Advantage: Trades at a discount to NAV, enhancing its appeal. dividenddetective.com+7Forbes+7Kiplinger+7Kiplinger
6. Gabelli Utility Trust (GUT)
   • Yield: 12%
   • Focus: Utility companies, offering stable income streams.
   • Caution: Trades at a significant premium (~53%) to NAV, which may pose risks for new investors. Forbes
7. ClearBridge Energy Midstream Opportunity Fund (EMO)
   • Yield: 8.5%
   • Focus: Midstream energy companies, particularly master limited partnerships (MLPs).
   • Benefit: Provides exposure to energy infrastructure without the tax complexities of direct MLP investments. Kiplinger
8. Cohen & Steers Infrastructure Fund (UTF)
   • Yield: 7.63%
   • Focus: Stocks and debt of infrastructure companies, including utilities and energy firms.
   • Portfolio: Includes holdings like NextEra Energy and Duke Energy. Kiplinger+4Mitrade+4Nasdaq+4Mitrade+2Nasdaq+2The Motley Fool+2
9. Eaton Vance Enhanced Equity Income Fund (EOI)
   • Yield: Approximately 8.5%
   • Strategy: Covered-call writing on a diversified equity portfolio, with significant exposure to the technology sector.
   • Top Holdings: Includes major tech companies, benefiting from sector growth. Seeking Alpha
10. BlackRock Credit Allocation Income Trust (BTZ)
    • Yield: 9.2%
    • Focus: Investment-grade and high-yield corporate bonds.
    • Advantage: Trades at a discount to NAV, offering potential value for investors.

---

⚠️ Considerations for Investors

• Premiums and Discounts: Some CEFs trade at significant premiums (e.g., GUT), which can increase risk, while others at discounts (e.g., AVK, BTZ) may offer value opportunities.
• Distribution Sustainability: High yields are attractive, but it’s crucial to assess whether distributions are covered by net investment income or rely on return of capital, which may not be sustainable.
• Leverage Risks: Many CEFs use leverage to enhance yields, which can amplify both gains and losses, especially in volatile markets.
• Tax Implications: Consider the tax treatment of distributions, especially if investing through tax-advantaged accounts.

Given your location in England, it’s important to consider currency exchange risks and potential tax implications when investing in U.S.-based CEFs.

If you need further information on any of these funds or assistance in aligning them with your investment goals, feel free to ask !

Chat GPT Ai

Here are some closed-end funds (CEFs) that offer high monthly yields:

Co Pilot

1. John Hancock Tax-Advantaged Dividend Income Fund (HTD) – Yields around 8.0%.
2. Nuveen Real Estate Income Fund – Known for its strong yield and real estate focus.
3. PIMCO Dynamic Income Fund (PDI) – A popular choice for income investors.
4. Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) – Offers a mix of dividend-paying stocks.
5. BlackRock Enhanced Equity Dividend Trust (BDJ) – Focuses on dividend-paying equities.
6. Cohen & Steers Infrastructure Fund (UTF) – Invests in infrastructure assets.
7. Gabelli Dividend & Income Trust (GDV) – A diversified dividend-focused fund.
8. Western Asset High Income Opportunity Fund (HIO) – Specializes in high-yield bonds.
9. AllianzGI Convertible & Income Fund II (NCZ) – Invests in convertible securities.
10. Nuveen Preferred & Income Securities Fund (JPS) – Focuses on preferred stocks.

10.7% and 12.3% yields ! 2 dividend stocks to consider in May

Looking for ways to make a supercharged passive income over the next year? Here are two top dividend shares to consider.

Posted by

Royston Wild

Published 30 April

FGEN NESF

When investing, your capital is at risk. The value of your investments can go down as well as up and you may get back less than you put in.Read More

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services.

2025 is shaping up to be a tough one for global stock markets. With the global economy under growing stress, the opportunity for investors to make healthy capital gains may be limited. In this climate, the best way to target a positive return may be by buying high-yield dividend stocks.

Following recent stock market volatility, investors have an excellent chance to make a market-beating passive income this year. Dividend yields across the London Stock Exchange have shot higher, and many top shares now offer yields miles above the 3.6% average for FTSE 100 shares.

2 top dividend shares

With this in mind, here are two of my favourites to consider in May.

Dividend share	Dividend growth	Dividend yield
Foresight Environmental Infrastructure (LSE:FGEN)	2.6%	10.7%
NextEnergy Solar Fund (LSE:NESF)	1.9%	12.3%

While dividends are never guaranteed, here’s why I think these passive income stocks merit a close look.

Green machine

Despite recent pushbacks against the ‘green agenda,’ companies that produce renewable energy, promote sustainability and champion resource efficiency still have tremendous investment potential, in my book. Foresight Environmental Infrastructure is an investment trust whose broad operations support the long-term fight against climate change.

The company owns more than 40 assets in the UK and Mainland Europe. These range from Scottish wind farms and energy-from-waste plants in Italy, to battery storage projects and wastewater facilities in England.

What’s more, the company’s portfolio is diversified intelligently across these assets types. This provides resilience when, for example, cloudy weather conditions impact power generation from its solar assets. Dividends here have risen each year since 2011, underlining the stability that its operations provide.

For 2025, the predicted dividend is covered 1.2 times by operational cash flow, providing a decent margin of error. I think it’s a top defensive dividend share to consider, even though earnings could be impacted by rising inflation that pushes interest rates higher.

Sun king

NextEnergy Solar Fund is another renewable energy stock I feel is worth close look. With a dividend yield above 12%, it’s one of the highest yielding dividend shares across the whole London stock market.

Unlike Foresight Environmental Infrastructure, its operations aren’t divided across a wide range of technologies. As its name implies, the lion’s share of its portfolio is dedicated to solar farms (it currently has 101 operating projects on its books). Meanwhile, its energy storage asset base comprises of just one operating site.

While this creates greater risk, this isn’t to say that NextEnergy Solar isn’t still well diversified. Its UK farms cover the length and breadth of the country. It also owns solar projects in Italy, Spain and Portugal.

Dividends here have risen each year for around a decade, and it has returned around £346m in cash rewards since its IPO in 2014. With a strong balance sheet — it’s also undertaking share buybacks of up to £20m — I’m expecting the fund to remain a great dividend payer.

The current Snowball. VPC are winding down and should return some more capital this year, then it will most probably be sold.

This £20k ISA delivers £1,961 of cash passive income a year© Provided by The Motley Fool

As a long-term investor, I like buying shares in good businesses at fair prices. Also, my investing style nowadays favours value shares and passive income. Thus, when share prices plunge — as they did during the recent market meltdown — I see these falls as opportunities to buy at a discount.

Hence, I’m often drawn to cheap shares offering market-beating dividend yields to patient shareholders. As my family doesn’t need this income right now, we reinvest our dividends by buying more shares. Over time, this increases our corporate ownership and boosts our total long-term returns.

Passive income from dividends

Though share dividends are my favourite form of passive income, they’re no sure-fire route to riches. Indeed, returns from value/income investing have lagged behind those from growth investing for most of the last 15 years. Also, these three problems can cause problems:

1. Future dividends aren’t guaranteed, so they can be cut or cancelled at short notice. For example, during 2020-21’s Covid-19 crisis, dozens of UK companies slashed their payouts to preserve cash.
2. After paying out dividends, companies have less cash at hand. Therefore, paying out excessive dividends can weaken companies over time.
3. After paying out dividends, companies have less cash at hand. Therefore, paying out excessive dividends can weaken companies over time.
4. Super-high dividend yields, say, 10%+ a year, can warn of future problems. History has taught me that double-digit cash yields rarely last. Either share prices rise, or dividends get cut, dragging down yields.

Three shares would deliver an average dividend yield of 9.8% a year. Therefore, a mini-portfolio of equally weighted holdings in all three stocks would generate passive income of £1,961 annually. Furthermore, this cash stream would be tax-free inside a Stocks and Shares ISA.

In particular, I like the look of M&G as a long-term producer of passive income. M&G was founded in 1931 and launched the UK’s first unit trust that same year. The current share of 186.75p translates into a huge cash yield of 10.8% a year. But this yield has leapt due to recent falls in the M&G share price. This is down 13.4% over one month and 7.2% in a year, but is ahead 43.4% over five years (excluding dividends).

Then again, what if things turn sour again for financial markets, as happened recently? With £312bn of assets under management, M&G’s profits and cash flow could get slammed if stock and bond prices plunge further. Even so, I note that its yearly dividend has risen from 15.77p a share for 2019 to 20.1p for 2024. In short, this passive income looks sound to me!

The post This £20k ISA delivers £1,961 of cash passive income a year appeared first on The Motley Fool UK.

Of course, there are plenty of other passive income opportunities to explore. And these may be even more lucrative:

We think earning passive income has never been easier

Do you like the idea of dividend income?

The prospect of investing in a company just once, then sitting back and watching as it potentially pays a dividend out over and over?

Universitas Telkom
bif.telkomuniversity.ac.id/mengatasi-err_connecti…x
indahayupp04@gmail.com
103.194.173.99

What is the current forecast for the Snowball’s total value, and what is the plan to achieve a 20% income on seed capital within ten years ?​

This year’s income fcast is £9,120 with a target of £10,000.

If the target is achieved and the income is re-invested at a yield of

7% or greater the income received will double in ten years time.

Over the total time frame it may not be able to re-invest the dividends in Investment Trusts at 7%, although there are usually Investment Trusts that are out favour, then it would have to be re-invested with an element of capital gain.

For example only EAT, JGGI etc.,

Questor: how to follow our rules of investing

If you’re ready to take a risk on the stock market, be sure to use our tips in the right way.

James Baxter-Derrington Investment Editor. Richard Evans

Investing is a volatile game. In the space of just a few weeks a stock can double in value or be completely wiped out, and it can require nerves of steel to see through the red numbers.

Since 1945, we have witnessed more than a dozen bear markets, defined as a sustained period in which stock markets collapse more than 20pc in value. During the Global Financial Crisis, stocks fell over 50pc, more than halving your investment on paper.

But zoom out and these cataclysmic financial events pale in comparison to the returns investing offers over the long time. Had you invested £10,000 in the S&P 500 at the highest level before the 2008 crash – the “worst time” to buy – it would have fallen as low as £4,300 – but had you left it invested, it would’ve been worth over £37,000 at the end of 2024.

Stock markets are comprised of individual companies, and we feel there are excellent profits to be made by picking the right firms as part of a prudent, well-diversified investment strategy.

Had you put that £10,000 into, for example, Games Workshop, on that same day in October 2007, it would have been worth £505,100 at the end of 2024. If you’d put it into Lehman Brothers stock, it would be worth £0.

To avoid wipe-out and ensure you reap the benefits of investing, we’ve put together this short guide to how our Questor tips should be used.

When we say a stock is a “buy”, we mean that we have good reason – based usually on the opinions, and more importantly the actions, of professionals whose job it is to scrutinise stocks – to expect the price to rise. But nothing is certain in investment and even the most experienced, intelligent and well-informed professionals can have their expectations confounded by events.

In fact, fund managers sometimes say they are doing well if 60pc of their holdings make money.

Faced with these odds, we urge readers never to follow individual tips in isolation. Instead, it is vital that investors protect themselves against the risk of severe, even total, losses of money by the most potent protective medicine in stment: diversification.

So if you are a new Questor reader and have read a column you believe makes a convincing case for buying a particular share, by all means act on it – but in such a way that the stock forms part of a portfolio of shares and does not become the sole home for your hard-earned savings.

Let’s imagine you have £100,000 to invest for your retirement. You read a convincing case in Questor, or elsewhere, for buying a particular stock. Whatever you do, no matter how strongly you believe in that stock, do not commit your entire £100,000 to it.

Instead, limit your purchase to £10,000, or ideally less, and continue your stock research until you have identified another nine shares, or more, into which you are equally happy to commit your money. In other words, spread your cash among at least 10 shares and preferably nearer 20.

These shares should not include more than a couple that are particularly risky or speculative, normally labelled as such in this column. Aim to own companies that operate in a variety of sectors and are exposed to different aspects of the economy.

The only time you should feel free to disregard the advice above is when you are committing sums small enough to be regarded as punts. An investor with £100,000 in total might feel comfortable putting £1,000 into one stock on the basis that if it does go bust the loss is bearable.

But for serious investors who intend to commit the bulk of their life savings to stocks, diversification is essential.

If you do want to put serious sums into the stock market but do not wish for any reason to do the work necessary to identify the 10 or more stocks needed for a prudent level of safety, invest your money in funds instead.

It is still better to invest in a selection of funds than commit all your money to one, but the latter course is much less risky than it is with individual shares.

Anyone who has already put large sums into one or two of our stock picks is advised to sell the bulk of those holdings as soon as possible and reinvest the money in several other shares so as to build the kind of diversified portfolio outlined above.

Finally, remember that even with a portfolio of stocks there is still a risk the entire market could fall severely. Be prepared to hold your stocks for enough time to ride out the ups and downs.

If you are not able to accommodate these risks, do not put money in the stock market.

The UK equivalent to ARE.

Current yield 2.29% Discount to NAV 42.3%

laire Boyle, Chair of Life Science REIT plc, commented: “As announced on 14 March 2025, the Board is currently undertaking a strategic review to consider the future of the Company and to explore all options available to maximise value
for shareholders.
The background to this decision was set out in that announcement and reflects the significant headwinds the Company has faced since IPO, including higher inflation and elevated interest rates, which have driven a fundamental slowdown in leasing activity and negatively impacted investor sentiment. Coupled with the Company’s size and low levels of liquidity, these factors have resulted in the Company’s share price trading at a significant discount to net asset value for a prolonged period of time.
The Board is confident that the Company’s assets, which are focused on the “Golden Triangle” research and development hubs of Oxford, Cambridge and London’s Knowledge Quarter, will prove attractive to a number of parties. Given the uncertainty inherent in the possible outcomes of the Strategic Review, these results have been prepared on a going concern basis with material uncertainty.
In addition, in recent weeks, the Board has successfully reached an agreement with Ironstone Asset Management (“Ironstone”), the Company’s Investment Adviser on a revision of the Investment Advisory Agreement, which will deliver
cost savings of c. £1.0 million per annum based on the December 2024 net asset value.
In the meantime, the team remains sharply focused on capturing upside from the portfolio; £1.5 million of contracted rent has been captured since the interim results in September 2024, a further £1.1 million is in solicitors’ hands, and occupier engagement is encouraging.”

STRATEGIC REVIEW
Strategic Review underway
 Commenced 14 March 2025 to explore all strategic options available to maximise value for shareholders, including a possible sale or managed wind down of the Company

FINANCIAL HIGHLIGHTS
Development and leasing progress supporting rental growth, but slower than expected
 Contracted rent for the investment portfolio increased to £15.3 million (31 December 2023: £14.0 million), with a further £0.6 million from developments, taking total contracted rent to £15.9 million
 Adjusted earnings of £5.9 million (31 December 2023: £6.7 million), impacted by higher financing costs
 Adjusted EPS of 1.7 pence per share (31 December 2023: 1.9 pence per share)
 Future dividends suspended pending the outcome of the Strategic Review
Valuations stabilising in the second half with yield expansion reducing
 Portfolio value £385.2 million (31 December 2023: £382.3 million), a £2.9 million increase on an absolute basis
o H224 like-for-like decline of 0.3% compared to a 3.8% decline in H124
 Like-for-like valuation down 4.0% driven by 30bps outward movement in the net equivalent yield (“NEY”) to 5.6%, more pronounced in H1, partially offset by like-for-like ERV growth of 13.7%
o Laboratory space down 3.7%, with ERV growth strong at 8.6%;
o Space defined as offices down 5.3%
 EPRA net tangible asset per share of 74.4 pence (31 December 2023: 79.9 pence per share); reflecting the portfolio revaluation loss (£17.4 million) and dividend payments (£7.0 million), partially offset by positive adjusted
earnings
Balance sheet:
 Loan to value at 30.4% (31 December 2023: 24.7%), with the increase driven by development progress in the year and corresponding debt drawn
 Debt fully hedged at 4.5% interest payable to March 2025 and 5.5% until September 2025

OPERATIONAL HIGHLIGHTS
Leasing activity improved, but transactions taking longer to conclude than expected:
 Five new leases commenced in 2024, adding £1.9 million to total contracted rent
 Occupancy increased to 84.4% (31 December 2023: 79.0%); like-for-like occupancy increased to 83.6% (31
December 2023: 79.0%)
 Since the interim results in September 2024, £1.5 million of new rent has been captured, compared to the target
set of £3.2 million, with a further £1.1 million in solicitors’ hands
 Current contracted rent increased to £16.5 million, including breaks exercised at Rolling Stock Yard of £0.7 million
 Cambourne repurposing project completed, delivering 8,800 sq ft of fully fitted space
 57,000 sq ft completed at Oxford Technology Park (fully let to Fortescue Zero Ltd); formal practical completion of Buildings 6 – 9 comprising 183,000 sq ft delayed to Q2 2025, but unit 6A is effectively complete and fully let.

1 huge diversification mistake to avoid in a Stocks & Shares ISA

Investing through a Stocks and Shares ISA can be a great way of building wealth. But it’s important to not put off thinking about diversification.

Posted by

Stephen Wright

When investing, your capital is at risk. The value of your investments can go down as well as up and you may get back less than you put in.Read More

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services.

Building a diversified portfolio of investments in a Stocks and Shares ISA can bea great thing. Investors, though, need to be proactive about doing this, rather than waiting until it’s too late.

When share prices are rising, it can be easy to become too concentrated in the names that are doing well. This, however, is exactly when it’s time to think about diversification.

Stock market rotation

For a long time, US shares have outperformed their UK counterparts. More specifically, the set of stocks known as the Magnificent Seven have generated outstanding returns.

When investing expert Mark Rogers has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for nearly a decade has provided thousands of paying members with top stock recommendations from the UK and US markets. And right now, Mark thinks there are 6 standout stocks that investors should consider buying. Want to see if Alexandria Real Estate Equities, Inc. made the list?

At the same time, the FTSE 100 has kept climbing. And both institutional and retail investors have started wondering whether it might be time to start diversifying away from US stocks.

In my view, the better time to think about reducing exposures to the likes of Nvidia was when it was at $150, not now that it’s fallen almost 33% from its 52-week highs.

Of course, investors weren’t so keen to sell Nvidia shares when the price kept going up. But this is the big diversification mistake that I’m hoping to avoid in my Stocks and Shares ISA. 

What’s cheap right now?

Instead of shifting away from US stocks, I think now is a good time to be looking at S&P 500 stocks from a buying perspective. And this is especially true in certain sectors.

As a group, US-listed real estate investment trusts (REITs) have fallen around 6% over the last six months. But I think the sector is well worth looking at right now. 

Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice.

One particularly interesting name is Alexandria Real Estate uities (NYSE:ARE). The company owns and leases laboratory space to pharmaceuticals companies.

The stock has fallen 35% in the last six months and its latest earnings report was disappointing. In short, it’s having difficulties renewing or re-leasing its properties when contracts end.

This is partly the result of increased competition. But it’s worth noting that Alexandria’s 20 largest tenants are committed to leases that have an average of 10 years still to run.

The stock currently has a dividend yield of almost 8%, which is very unusual. So long-term investors might think this is a good time to take a look at the stock from a buying perspective.

Building a portfolio

It’s easy to put off thinking about diversification until stocks that have been doing well start falling, but by then it’s often too late. I think this is a situation where it’s best to be proactive.

That means figuring out where there are opportunities to buy stocks that are out of favour with the market. And the US REIT sector looks like a good example at the moment.

Alexandria Real Estate’s specialism means offers something different to other office REITs. And it could be an interesting choice to consider for investors looking to diversify a portfolio.

On track to double your stake but as you can see from the chart above it’s about timing and then time in.

Buying yield would have been 5.75%.

Top ten holdings

Current yield 4.77% Discount to NAV 4.3%