<p>博阿兹·温斯坦是许多 CEF 投资者熟知的名字。他是一位激进投资者，过去曾针对 CEF，特别是那些他认为表现不佳的基金。</p>
<p>现在，另一位封闭式基金（CEF）投资者正在采用温斯坦的策略，并将其转向这位激进投资者自己的两个基金。这个投资者的目标是什么？消除这两个基金的净资产价值（NAV，或其基础投资组合的价值）折扣，从而推动其价格上涨。</p>
<p>这是一个引人入胜的故事，展示了在小型 CEF 世界中，熟练的激进投资者有时会将注意力转向彼此。</p>
<p>让我们先回顾一下。</p>
<p>如果你错过了，温斯坦的公司 Saba Capital Management 最近上了新闻，因为正如我一周前所写的，他们已暂停 CEF 的投资，转而关注私人信贷基金。正如我们在那篇文章中讨论的，最近对私人信贷的批评突显了我们的 CEF 作为高稳定股息来源的价值。</p>
<p>温斯坦正确地指出，私人信贷基金的表现不佳，并且是风险上升的来源。他的目标是一群由蓝猫资本管理的基金，该公司还运营着蓝猫资本公司（OBDC），这是一家倾向于私人信贷的商业发展公司（BDC）。</p>
<p>如果我们将蓝猫的表现（下方蓝色）与跟踪标准普尔 500 指数的指数基金（紫色）以及 BDC 市场的表现——以 <strong>VanEck BDC Income ETF (BIZD)</strong>（橙色）为形式进行比较，你就能明白温斯坦的意思：</p>
<p><strong>蓝猫落后于 BDC 和股票</strong></p>
<p><img src="https://imageproxy.pbkrs.com/https://contrarianoutlook.com/wp-content/uploads/2026/03/OBDC-Lags.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://contrarianoutlook.com/wp-content/uploads/2026/03/OBDC-Lags.png"/></p>
<p><strong>Saba 的策略</strong></p>
<p>Saba 对这些基金采取的策略符合我从与该公司员工交谈中观察到的文化：对抗性、强硬和以结果为导向。但同样值得注意的是，Saba 自己的基金表现不佳，为其他投资者瞄准它们打开了大门。</p>
<p>Saba 管理着两个 CEF，这两个基金的折扣远远大于我_ CEF Insider _服务所追踪的所有 CEF 的平均折扣 7.7%。让我们先看看收益率为 15.7% 的 <strong>Saba Capital Income &amp; Opportunities Fund (BRW)</strong>，如下蓝色所示：</p>
<p><strong>BRW 表现不佳...</strong></p>
<p><img src="https://imageproxy.pbkrs.com/https://contrarianoutlook.com/wp-content/uploads/2026/03/BRW-Lags.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://contrarianoutlook.com/wp-content/uploads/2026/03/BRW-Lags.png"/></p>
<p>在这里我们看到，自从 Saba 接管 BRW 以来，该基金（蓝色）表现优于 BDC 基准 <strong>VanEck BDC Income ETF (BIZD)</strong>（橙色）。但它的回报仍然不到标准普尔 500 指数回报的一半（紫色）。这就是为什么截至目前，BRW 的交易折扣为 15.5%，而且这个折扣还在扩大。</p>
<p><strong>... 其折扣进一步扩大</strong></p>
<p><img src="https://imageproxy.pbkrs.com/https://contrarianoutlook.com/wp-content/uploads/2026/03/BRW-Discount.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://contrarianoutlook.com/wp-content/uploads/2026/03/BRW-Discount.png"/></p>
<p>在收益率为 8.6% 的 <strong>Saba Capital Income &amp; Opportunities Fund II (SABA)</strong> 中情况类似：</p>
<p><strong>SABA 也表现不佳...</strong></p>
<p><img src="https://imageproxy.pbkrs.com/https://contrarianoutlook.com/wp-content/uploads/2026/03/SABA-Lags-1.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://contrarianoutlook.com/wp-content/uploads/2026/03/SABA-Lags-1.png"/></p>
<p>一段时间内，SABA（上方蓝色）超越了标准普尔 500 指数，但其在加密货币上的激进投资（截至目前，Grayscale Ethereum Classic Trust 是其第二大持仓）意味着其短期收益最近有所减弱。</p>
<p>我们还应该注意到，截至 2025 年 10 月底，SABA 约有 20% 的投资在私人基金中，该基金警告股东，如果他们持有 SABA，可能面临拥有私人信贷的风险。</p>
<p><img src="https://imageproxy.pbkrs.com/https://contrarianoutlook.com/wp-content/uploads/2026/03/SABA-Assets.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://contrarianoutlook.com/wp-content/uploads/2026/03/SABA-Assets.png"/></p>
<p><em>来源：SEC</em></p>
<p>这部分解释了为什么 SABA 的折扣在最近几个月也扩大：</p>
<p><strong>... 并看到其折扣下降</strong></p>
<p><img src="https://imageproxy.pbkrs.com/https://contrarianoutlook.com/wp-content/uploads/2026/03/SABA-Discount.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://contrarianoutlook.com/wp-content/uploads/2026/03/SABA-Discount.png"/></p>
<p>公平地说，将这两个基金与标准普尔 500 和 BIZD 进行比较有点像 “苹果与橙子” 的比较，但对于寻求回报和股息的投资者来说，这可能并不重要。</p>
<p><strong>Gabelli 的回应</strong></p>
<p>这就是我们的 “另一位” 激进投资者的出现。</p>
<p>那就是由知名价值投资者马里奥·加贝利（Mario Gabelli）运营的 GAMCO Investors。GAMCO 是我所称的更传统的 CEF 公司，它发现了一个机会，可以以类似于 Saba 过去针对 CEF 的方式来瞄准 Saba 的基金。</p>
<p>而加贝利的一个基金现在因与 SABA 和 BRW 相反的原因而脱颖而出：这个基金的交易价格远高于净资产价值（NAV）：</p>
<p><strong>Gabelli Utility Fund 的交易价格几乎是其投资组合价值的 2 倍</strong></p>
<p><img src="https://imageproxy.pbkrs.com/https://contrarianoutlook.com/wp-content/uploads/2026/03/GUT-Premium.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://contrarianoutlook.com/wp-content/uploads/2026/03/GUT-Premium.png"/></p>
<p>在这里我们看到 <strong>Gabelli Utility Trust (GUT)</strong> 的 77% 溢价。该基金持有像 <strong>NextEra Energy (NEE)</strong>、<strong>Duke Energy (DUK)</strong> 和 <strong>ONEOK (OKE)</strong> 等主要美国公用事业股票，近年来其溢价大幅上升。</p>
<p>对于在 2010 年代中期买入的人来说，这非常好，那时 GUT 的溢价较小（在 7% 到 10% 之间），他们现在可以以这个溢价出售。</p>
<p>简而言之，GAMCO 为 GUT 做了 Saba 希望为其他基金做的事情：提升其估值，从而为投资者带来强劲回报。</p>
<p>GAMCO 希望通过提名 GUT 的副总裁大卫·沙赫特（David Schachter）进入这两个基金的董事会来实现这一目标。换句话说，加贝利正在借鉴 Saba 的激进投资策略，以影响 Saba 自己 CEF 的表现。</p>
<p>这会有效吗？很难说，但并非不可能，特别是如果沙赫特将加贝利的价值投资方法带入 Saba（这可能在某种程度上限制 Saba 的一些加密和私人信贷投资）。</p>
<p>当然，这对股东来说从长远来看是好事（再次强调，如果沙赫特的任命得以实现）。但现在并不是希望这一切发生的时机，因为距离这个故事的展开还有很长时间。无论发生什么，至少在提名决定之前，BRW 和 SABA 都继续面临高于平均水平的风险。</p>
<p><strong>我推荐的 5 只每月分红的 CEF 每年支付</strong> <strong><em>60 次</em></strong> <strong>（收益率为 9.3%）</strong></p>
<p>值得重申的是：BRW 和 SABA_可能_在未来几个月是明智的购买。但它们现在的波动性实在太大，我们无法触碰。</p>
<p>虽然 CEF 的世界很小，但也并不是_那么_小。</p>
<p>仍然有很多 CEF 在支付高额股息并且存在较大折扣。而且还有很多进一步_每月支付股息_。</p>
<p>我汇总了 5 个同时满足这两个标准的 CEF，它们的平均股息高达 9.3%。想一想：拥有这 5 个每月支付的 CEF，你每月大约能收到 5 次支付。</p>
<p>这每年总共是_60 次股息支付！_</p>
<p>我将这 5 个可靠的每月支付 CEF 组合在一个&#34;迷你投资组合&#34;中。我敦促收入投资者现在购买这 5 个。</p>
<p>现在是购买它们并开始你的 60 个&#34;薪水&#34;收入流的时机。<strong>点击这里，我会告诉你更多关于这 5 个强劲的每月收入投资的消息</strong> **。我还会提供一份免费的报告，揭示它们的名称、代码以及我对每个的完整分析。</p>
<h5>另见：</h5>
<p> 沃伦·巴菲特的股息股票</p>
<p> 股息增长股票：25 位贵族</p>
<p> 未来的股息贵族：接近竞争者</p>
<p>本文所表达的观点和意见仅代表作者的观点，并不一定反映纳斯达克公司的观点。</p>

BRW.RT

GAMI

SABA

<p>激进投资者博阿兹·温斯坦（Boaz Weinstein）正面临来自另一位 CEF 投资者的竞争，该投资者旨在消除其基金的净资产价值（NAV）折扣。温斯坦的公司 Saba Capital Management 已将重点从 CEF 转向私人信贷基金，而由马里奥·加贝利（Mario Gabelli）领导的 GAMCO Investors 则通过提名董事会成员来提升 Saba 表现不佳基金的估值。这场竞争突显了 CEF 市场的动态，激进投资者之间可能相互对抗，以提升基金表现和投资者回报</p>

<p>Boaz Weinstein is a name many CEF investors know. He's an activist investor who's targeted CEFs in the past, particularly those he sees as underperforming.</p>
<div class="lb-trans"><p>博阿兹·温斯坦是许多 CEF 投资者熟知的名字。他是一位激进投资者，过去曾针对 CEF，特别是那些他认为表现不佳的基金。</p>
</div><p>Now, another closed-end fund (CEF) investor is adopting Weinstein's tactics--and turning them on two of the activist's own funds. This investor's goal? Wipe out the discounts to net asset value (NAV, or the value of their underlying portfolios) on these two funds, and in doing so drive their prices higher.</p>
<div class="lb-trans"><p>现在，另一位封闭式基金（CEF）投资者正在采用温斯坦的策略，并将其转向这位激进投资者自己的两个基金。这个投资者的目标是什么？消除这两个基金的净资产价值（NAV，或其基础投资组合的价值）折扣，从而推动其价格上涨。</p>
</div><p>It's a fascinating story, and one that shows how, in the small world of CEFs, skilled activists sometimes turn their attention to each other.</p>
<div class="lb-trans"><p>这是一个引人入胜的故事，展示了在小型 CEF 世界中，熟练的激进投资者有时会将注意力转向彼此。</p>
</div><p>Let's back up for a moment.</p>
<div class="lb-trans"><p>让我们先回顾一下。</p>
</div><p>In case you've missed it, Weinstein's firm, Saba Capital Management, has been in the news because, as I wrote a week ago, they've taken a break from CEFs to target private-credit funds. And as we discussed in that article, the criticism of private credit lately has been highlighting the value of our CEFs as a source of high, stable dividends.</p>
<div class="lb-trans"><p>如果你错过了，温斯坦的公司 Saba Capital Management 最近上了新闻，因为正如我一周前所写的，他们已暂停 CEF 的投资，转而关注私人信贷基金。正如我们在那篇文章中讨论的，最近对私人信贷的批评突显了我们的 CEF 作为高稳定股息来源的价值。</p>
</div><p>Weinstein has rightly been pointing out that private-credit funds are underdelivering and a source of rising risk. His target has been a cluster of funds managed by Blue Owl Capital <strong>,</strong> which also runs <strong>Blue Owl Capital Corporation (OBDC)</strong>, a business development company (BDC) that leans toward private credit.</p>
<div class="lb-trans"><p>温斯坦正确地指出，私人信贷基金的表现不佳，并且是风险上升的来源。他的目标是一群由蓝猫资本管理的基金，该公司还运营着蓝猫资本公司（OBDC），这是一家倾向于私人信贷的商业发展公司（BDC）。</p>
</div><p>If we compare Blue Owl's performance (in blue below) with index funds tracking the S&amp;P 500 (in purple) and the BDC market--in the form of the <strong>VanEck BDC Income ETF (BIZD)</strong>, in orange--you can see what Weinstein means:</p>
<div class="lb-trans"><p>如果我们将蓝猫的表现（下方蓝色）与跟踪标准普尔 500 指数的指数基金（紫色）以及 BDC 市场的表现——以 <strong>VanEck BDC Income ETF (BIZD)</strong>（橙色）为形式进行比较，你就能明白温斯坦的意思：</p>
</div><p><strong>Blue Owl Lags BDCs, Stocks</strong></p>
<div class="lb-trans"><p><strong>蓝猫落后于 BDC 和股票</strong></p>
</div><p><img src="https://imageproxy.pbkrs.com/https://contrarianoutlook.com/wp-content/uploads/2026/03/OBDC-Lags.png" alt="" original-src="https://contrarianoutlook.com/wp-content/uploads/2026/03/OBDC-Lags.png"/></p>
<p><strong>Saba's Approach</strong></p>
<div class="lb-trans"><p><strong>Saba 的策略</strong></p>
</div><p>The strategy Saba is taking toward these funds fits the culture I've observed from talking to people who work for the firm: adversarial, tough and results-driven. But it's also worth noting that Saba's own funds have underperformed, opening the door for other investors to take aim at them.</p>
<div class="lb-trans"><p>Saba 对这些基金采取的策略符合我从与该公司员工交谈中观察到的文化：对抗性、强硬和以结果为导向。但同样值得注意的是，Saba 自己的基金表现不佳，为其他投资者瞄准它们打开了大门。</p>
</div><p>Saba manages two CEFs, both of which trade at discounts far bigger than the 7.7% average discount among all CEFs tracked by my <em>CEF Insider</em> service. Let's start with the 15.7%-yielding <strong>Saba Capital Income &amp; Opportunities Fund (BRW)</strong>, in blue below:</p>
<div class="lb-trans"><p>Saba 管理着两个 CEF，这两个基金的折扣远远大于我_ CEF Insider _服务所追踪的所有 CEF 的平均折扣 7.7%。让我们先看看收益率为 15.7% 的 <strong>Saba Capital Income &amp; Opportunities Fund (BRW)</strong>，如下蓝色所示：</p>
</div><p><strong>BRW Falls Behind ...</strong></p>
<div class="lb-trans"><p><strong>BRW 表现不佳...</strong></p>
</div><p><img src="https://imageproxy.pbkrs.com/https://contrarianoutlook.com/wp-content/uploads/2026/03/BRW-Lags.png" alt="" original-src="https://contrarianoutlook.com/wp-content/uploads/2026/03/BRW-Lags.png"/></p>
<p>Here we see that, since Saba took over BRW, the fund (in blue) has outperformed the BDC benchmark <strong>VanEck BDC Income ETF (BIZD)</strong>, in orange. But it's still delivered less than half of the S&amp;P 500's return (in purple). This is why BRW trades at a 15.5% discount as of this writing, and that discount has been widening.</p>
<div class="lb-trans"><p>在这里我们看到，自从 Saba 接管 BRW 以来，该基金（蓝色）表现优于 BDC 基准 <strong>VanEck BDC Income ETF (BIZD)</strong>（橙色）。但它的回报仍然不到标准普尔 500 指数回报的一半（紫色）。这就是为什么截至目前，BRW 的交易折扣为 15.5%，而且这个折扣还在扩大。</p>
</div><p><strong>... And Its Discount Gets Wider</strong></p>
<div class="lb-trans"><p><strong>... 其折扣进一步扩大</strong></p>
</div><p><img src="https://imageproxy.pbkrs.com/https://contrarianoutlook.com/wp-content/uploads/2026/03/BRW-Discount.png" alt="" original-src="https://contrarianoutlook.com/wp-content/uploads/2026/03/BRW-Discount.png"/></p>
<p>It's a similar story at the 8.6%-yielding <strong>Saba Capital Income &amp; Opportunities Fund II (SABA)</strong>:</p>
<div class="lb-trans"><p>在收益率为 8.6% 的 <strong>Saba Capital Income &amp; Opportunities Fund II (SABA)</strong> 中情况类似：</p>
</div><p><strong>SABA Also Lags ...</strong></p>
<div class="lb-trans"><p><strong>SABA 也表现不佳...</strong></p>
</div><p><img src="https://imageproxy.pbkrs.com/https://contrarianoutlook.com/wp-content/uploads/2026/03/SABA-Lags-1.png" alt="" original-src="https://contrarianoutlook.com/wp-content/uploads/2026/03/SABA-Lags-1.png"/></p>
<p>For a while, SABA (in blue above) was outrunning the S&amp;P 500, but its aggressive investments in crypto (Grayscale Ethereum Classic Trust is its second-largest holding as of this writing) mean its short-term gains have been fizzling lately.</p>
<div class="lb-trans"><p>一段时间内，SABA（上方蓝色）超越了标准普尔 500 指数，但其在加密货币上的激进投资（截至目前，Grayscale Ethereum Classic Trust 是其第二大持仓）意味着其短期收益最近有所减弱。</p>
</div><p>We should also note that about 20% of SABA was in private funds as of the end of October 2025, and the fund warns shareholders that they may be at risk of owning private credit if they own SABA.</p>
<div class="lb-trans"><p>我们还应该注意到，截至 2025 年 10 月底，SABA 约有 20% 的投资在私人基金中，该基金警告股东，如果他们持有 SABA，可能面临拥有私人信贷的风险。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://contrarianoutlook.com/wp-content/uploads/2026/03/SABA-Assets.png" alt="" original-src="https://contrarianoutlook.com/wp-content/uploads/2026/03/SABA-Assets.png"/></p>
<p><em>Source: SEC</em></p>
<div class="lb-trans"><p><em>来源：SEC</em></p>
</div><p>That partly explains why SABA's discount has also widened in recent months:</p>
<div class="lb-trans"><p>这部分解释了为什么 SABA 的折扣在最近几个月也扩大：</p>
</div><p><strong>... and Sees Its Discount Drop</strong></p>
<div class="lb-trans"><p><strong>... 并看到其折扣下降</strong></p>
</div><p><img src="https://imageproxy.pbkrs.com/https://contrarianoutlook.com/wp-content/uploads/2026/03/SABA-Discount.png" alt="" original-src="https://contrarianoutlook.com/wp-content/uploads/2026/03/SABA-Discount.png"/></p>
<p>To be fair, comparing either of these funds to the S&amp;P 500 and BIZD is a little &#34;apples to oranges,&#34; but for investors looking for returns and dividends, that may not matter.</p>
<div class="lb-trans"><p>公平地说，将这两个基金与标准普尔 500 和 BIZD 进行比较有点像 “苹果与橙子” 的比较，但对于寻求回报和股息的投资者来说，这可能并不重要。</p>
</div><p><strong>The Gabelli Response</strong></p>
<div class="lb-trans"><p><strong>Gabelli 的回应</strong></p>
</div><p>Here's where our &#34;other&#34; activist comes in.</p>
<div class="lb-trans"><p>这就是我们的 “另一位” 激进投资者的出现。</p>
</div><p>That would be GAMCO Investors, run by well-known value investor Mario Gabelli. GAMCO is what I'd call a more traditional CEF firm, and it's spotted an opportunity to target Saba's funds in a similar way that Saba has targeted CEFs in the past.</p>
<div class="lb-trans"><p>那就是由知名价值投资者马里奥·加贝利（Mario Gabelli）运营的 GAMCO Investors。GAMCO 是我所称的更传统的 CEF 公司，它发现了一个机会，可以以类似于 Saba 过去针对 CEF 的方式来瞄准 Saba 的基金。</p>
</div><p>And one of Gabelli's funds stands out now, for the opposite reason as SABA and BRW do: This one trades at a massive <em>premium</em> to NAV:</p>
<div class="lb-trans"><p>而加贝利的一个基金现在因与 SABA 和 BRW 相反的原因而脱颖而出：这个基金的交易价格远高于净资产价值（NAV）：</p>
</div><p><strong>Gabelli Utility Fund Trades for Nearly 2X Its Portfolio Value</strong></p>
<div class="lb-trans"><p><strong>Gabelli Utility Fund 的交易价格几乎是其投资组合价值的 2 倍</strong></p>
</div><p><img src="https://imageproxy.pbkrs.com/https://contrarianoutlook.com/wp-content/uploads/2026/03/GUT-Premium.png" alt="" original-src="https://contrarianoutlook.com/wp-content/uploads/2026/03/GUT-Premium.png"/></p>
<p>Here we see the 77% premium on the <strong>Gabelli Utility Trust (GUT)</strong>. The fund, which holds major US utility stocks like <strong>NextEra Energy (NEE)</strong>, <strong>Duke Energy (DUK)</strong> and <strong>ONEOK (OKE)</strong>, has surged to that big premium in recent years.</p>
<div class="lb-trans"><p>在这里我们看到 <strong>Gabelli Utility Trust (GUT)</strong> 的 77% 溢价。该基金持有像 <strong>NextEra Energy (NEE)</strong>、<strong>Duke Energy (DUK)</strong> 和 <strong>ONEOK (OKE)</strong> 等主要美国公用事业股票，近年来其溢价大幅上升。</p>
</div><p>That's great for anyone who bought in back in the mid-2010s, when GUT traded at much smaller premiums (in the 7% to 10% range), as they can now sell at this premium.</p>
<div class="lb-trans"><p>对于在 2010 年代中期买入的人来说，这非常好，那时 GUT 的溢价较小（在 7% 到 10% 之间），他们现在可以以这个溢价出售。</p>
</div><p>In short, GAMCO has done for GUT what Saba aims to do for other funds: boost their valuations, thereby delivering strong returns for investors.</p>
<div class="lb-trans"><p>简而言之，GAMCO 为 GUT 做了 Saba 希望为其他基金做的事情：提升其估值，从而为投资者带来强劲回报。</p>
</div><p>GAMCO aims to do this for SABA and BRW by nominating David Schachter, vice-president of GUT, to the boards of both funds. In other words, Gabelli is taking a page out of Saba's activist playbook to influence the performance of Saba's own CEFs.</p>
<div class="lb-trans"><p>GAMCO 希望通过提名 GUT 的副总裁大卫·沙赫特（David Schachter）进入这两个基金的董事会来实现这一目标。换句话说，加贝利正在借鉴 Saba 的激进投资策略，以影响 Saba 自己 CEF 的表现。</p>
</div><p>Will it work? Tough to say, but it's not impossible, especially if Schachter brings Gabelli's value-investing approach to Saba (which could, among other things, curtail some of Saba's crypto and private-credit investments).</p>
<div class="lb-trans"><p>这会有效吗？很难说，但并非不可能，特别是如果沙赫特将加贝利的价值投资方法带入 Saba（这可能在某种程度上限制 Saba 的一些加密和私人信贷投资）。</p>
</div><p>That, of course, would be good for shareholders in the long term (again, if Schachter's appointment comes to pass). But now is <em>not</em> the time to pounce in hopes that this happens, since it's still a long time until this story plays out. No matter what transpires, at least between now and the time the nomination is decided, both BRW and SABA continue to entail above-average risk.</p>
<div class="lb-trans"><p>当然，这对股东来说从长远来看是好事（再次强调，如果沙赫特的任命得以实现）。但现在并不是希望这一切发生的时机，因为距离这个故事的展开还有很长时间。无论发生什么，至少在提名决定之前，BRW 和 SABA 都继续面临高于平均水平的风险。</p>
</div><p><strong>My 5 Top Monthly Dividend CEFs Pay Out</strong> <strong><em>60 Times a Year</em></strong> <strong>(and Yield 9.3%, Too)</strong></p>
<div class="lb-trans"><p><strong>我推荐的 5 只每月分红的 CEF 每年支付</strong> <strong><em>60 次</em></strong> <strong>（收益率为 9.3%）</strong></p>
</div><p>It's worth restating: BRW and SABA <em>could</em> be smart buys in the coming months. But they're simply too volatile for us to touch now.</p>
<div class="lb-trans"><p>值得重申的是：BRW 和 SABA_可能_在未来几个月是明智的购买。但它们现在的波动性实在太大，我们无法触碰。</p>
</div><p>And while the CEF world is small, it's not <em>that</em> small.</p>
<div class="lb-trans"><p>虽然 CEF 的世界很小，但也并不是_那么_小。</p>
</div><p>There are still plenty of CEFs out there paying big dividends and sporting wide discounts. And plenty go one step further and <em>pay dividends monthly</em>, too.</p>
<div class="lb-trans"><p>仍然有很多 CEF 在支付高额股息并且存在较大折扣。而且还有很多进一步_每月支付股息_。</p>
</div><p>I've assembled 5 CEFs that meet both those benchmarks and kick out a rich 9.3% average dividend between them. Think about that for a moment: Own all 5 of these monthly payers and you're getting paid around 5 times a month.</p>
<div class="lb-trans"><p>我汇总了 5 个同时满足这两个标准的 CEF，它们的平均股息高达 9.3%。想一想：拥有这 5 个每月支付的 CEF，你每月大约能收到 5 次支付。</p>
</div><p>That's a total of <em>60 dividend payouts a year!</em></p>
<div class="lb-trans"><p>这每年总共是_60 次股息支付！_</p>
</div><p>I've put all 5 of these reliable monthly payers together in a &#34;mini-portfolio&#34; all their own. I'm urging income investors to buy all 5 of them now.</p>
<div class="lb-trans"><p>我将这 5 个可靠的每月支付 CEF 组合在一个&#34;迷你投资组合&#34;中。我敦促收入投资者现在购买这 5 个。</p>
</div><p>Now is the time to buy them and start your 60 &#34;paycheck&#34; income stream. <strong>Click here and I'll tell you more about these 5 stout monthly income plays</strong> <strong>.</strong> I'll also give you a free report revealing their names, tickers and my full analysis of each one.</p>
<div class="lb-trans"><p>现在是购买它们并开始你的 60 个&#34;薪水&#34;收入流的时机。<strong>点击这里，我会告诉你更多关于这 5 个强劲的每月收入投资的消息</strong> **。我还会提供一份免费的报告，揭示它们的名称、代码以及我对每个的完整分析。</p>
</div><h5>Also see:</h5>
<div class="lb-trans"><h5>另见：</h5>
</div><p> Warren Buffett Dividend Stocks</p>
<div class="lb-trans"><p> 沃伦·巴菲特的股息股票</p>
</div><p> Dividend Growth Stocks: 25 Aristocrats</p>
<div class="lb-trans"><p> 股息增长股票：25 位贵族</p>
</div><p> Future Dividend Aristocrats: Close Contenders</p>
<div class="lb-trans"><p> 未来的股息贵族：接近竞争者</p>
</div><p>The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.</p>
<div class="lb-trans"><p>本文所表达的观点和意见仅代表作者的观点，并不一定反映纳斯达克公司的观点。</p>
</div>

这场激进投资者的争斗可能会使这些支付超过 8.6% 的公司成为买入对象