The third-best-rated closed-end fund, Blackrock Dividend Achievers Trust ( BDV), is trading at an even larger discount, of 14.1%. Chevron ( CVX), Bank of America ( BAC) and General Electric ( GE) headline its portfolio, which averages a dividend yield of 4.54%. At a 17.8% discount to net assets, the fourth-place Lazard Global Total Return and Income Fund ( LGI) is 85% invested in stocks such as IBM ( IBM), Microsoft ( MSFT), Oracle ( ORCL) and Exxon Mobil ( XOM). Finally, the Boulder Growth & Income Fund ( BIF) also offers a modestly smaller 29.3% exposure to Berkshire Hathaway Class A shares at a similar discount to the above-mentioned Boulder fund of 11.3%. Wal-Mart and Anheuser-Busch are the next two largest holdings. For more information, check out an explanation of our ratings.
Looking at the universe of stocks we cover at Dividend Channel, on 12/18/14, Boulder Total Return Fund Incorporated will trade ex-dividend, for its annual dividend of $0.2431, payable on 12/30/14. As a percentage of BTF's recent stock price of $26.61, this dividend works out to approximately 0.91%, so look for shares of Boulder Total Return Fund Incorporated to trade 0.91% lower — all else being equal — when BTF shares open for trading on 12/18/14.