Article By:
Vivian Lewis
Wednesday, November 18, 2015 1:31 PM EDT
You should not buy close-end yield funds using a tax-sheltered account like an IRA. You have to be prepared to pay taxes on the yield, and also on the occasional net capital gain your fund might have booked in the course of the year.
In this article: BHP, CPA, NVS, PT, SAN, UBS, VALE, VOD, VRX, FAX, CGRIF, CWIXF, ITYBY, RHHBY, TEVA, GLD, FCAU, PSHZF