Investors: Two Specialty CEFs with High Yields (PDO and BCX)

Two specialty closed-end funds (CEF), PDO and BCX, offer yields up to 11%. These funds have significant discounts to their net asset value (NAV), making them attractive for investors seeking higher yields. However, investors should be aware of the risks associated with CEFs, such as the potential for the discount to widen or the fund's performance to lag its benchmark. It is essential to conduct thorough research and due diligence before investing in any CEF.