In my CEF Insider service, we focus exclusively on buying strong, 8%+ yielding closed-end funds (CEFs). It’s our MO! And there are a lot of CEF bargains now, as cautious income investors remain skittish following the 2022 correction. But today I want to talk about when it’s time to sell a CEF. You might recall the old Warren Buffett quote that his favorite holding period is “forever.” Of course, Buffett was talking about blue-chip stocks, which are his forte. With CEFs, our play is a bit different. Sure, we want to hold these high yielders (the average CEF tracked by CEF Insider yields 7.9% today) for as long as we can, to make the most of their high—and often monthly—dividends.… Read more