Few people would put the words “artificial intelligence” and “big dividends” in the same sentence—but those folks have never heard of closed-end funds (CEFs)! These “yield machines” are perfect plays on the surging AI megatrend for three reasons: Big dividends: Thanks to CEFs, we can “download” big cash payouts from stocks that pay low (or no!) dividends themselves. Getting our payouts in cash, rather than paper gains, is priceless in the sometimes-volatile world of AI investing. Lower volatility: Speaking of volatility, as most equity CEFs invest in various sectors—not just tech—we get some extra insurance over folks who try to “cherry-pick” the AI trend themselves. … Read more