In the article “Two +8% Yields To Buy And Never Let Go” on Seeking Alpha, Rida Morwa, a leader in high-yield investment strategies, shares insights on two closed-end funds ideal for long-term investment. This piece highlights the value of patience and a long-term focus in the stock market and the role of dividends in wealth building. Here’s a summary, and you can read the full article on Seeking Alpha.

• Investing Strategy: Advocates for a patient, long-term approach in the market.
• Importance of Dividends: Highlights dividends as a crucial element in staying invested through market fluctuations.

1. Reaves Utility Income Fund (UTG) – Yield 8.6%
• Focus on Utilities: UTG invests in energy and telecom services, offering a defensive position in the market.
• Stability and Predictability: Emphasizes utilities as resilient investments, even in economic downturns.
• Historical Performance: Demonstrates strong performance over time, with substantial capital gains in the utility sector.
• Attractive Features: UTG offers monthly distributions, making it an appealing option for income-focused investors.
2. abrdn World Healthcare Fund (THW) – Yield 11.3%
• Sector Focus: THW invests in healthcare, a sector with expected growth and innovation.
• Diverse Portfolio: Holds stocks in major pharmaceutical companies like Eli Lilly (LLY) and Novo Nordisk (NVO), poised for benefits from popular weight loss drugs.
• Leverage and Yield: Utilizes 20% leverage and offers a substantial yield, benefiting from potential rate cuts.
• Relevance in Aging Populations: The fund’s focus on healthcare is crucial given global demographic shifts.

Conclusion: Benefits of Long-Term Investment and Dividend Income

• Avoiding Market Timing: Stresses the importance of staying invested to not miss crucial market periods.
• Emphasis on Income: The article concludes by advocating a focus on income through dividends, using UTG and THW as key examples.

For a detailed analysis and more insights, visit the original article on Seeking Alpha: “Two +8% Yields To Buy And Never Let Go”.