4. GAMCO Global Gold, Natural Resources & Income Trust (GGN)
Company Description: The fund invests gold and natural resources stocks. It also earns income from a strategy of writing covered call options on the stocks in the portfolio.Dividend Yield: 10.2% The fund offers an option to reinvest dividends at below-market prices when the stock trades at a premium to net asset value, or NAV, which allows investors to realize even better returns.
3. Wells Fargo Advantage Income Opportunities Fund (EAD) Company Description: The fund invests in utility, financial, telecommunication, industrial, consumer staple and materials companies. The fund also has the option to invest in term loans. Dividend Yield: 9.5% Typically, this fund invests at least 80% of the portfolio in high-yield bonds and preferred stock. Over the past few years, the quality of high-yield corporate securities has improved significantly as those companies were forced to improve operating efficiencies and maintain cash on the balance sheet, making them less likely to default on their debt obligations. As a result, some junk-rated debt can be a very attractive investment opportunity.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV