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2 Beaten-Down Funds To Buy For 9.4% Dividends - And 3 To Avoid 2016 has been a crazy year--so it's no surprise closed-end funds (CEFs) have been offering crazy returns. As we'll see in a moment, the best fund is up over 50%, which crushes just about every unleveraged ETF and mutual fund out there. Plus, that fund pays a whopping 7.6% yield--which is
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