Three funds offer high yields of 15% or more and trade at a discount.
From Nasdaq: 2025-04-30 04:51:00
Looking for high yield investments? A yield at least 2x the S&P 500’s yield is considered high, currently around 2.56%. An ultra-high yield is 4x higher, at least 5.12%. Three funds offer over 15% yield, trading at a discount.
The abrdn Life Sciences Investors fund focuses on life sciences companies, with a distribution yield of 15.06%, trading at a 9.36% discount to NAV. It has a track record since 1992, owning 136 stocks.
The BlackRock Capital Allocation Term Trust offers a jaw-dropping 23.88% yield, trading at a 6.04% discount to NAV. The fund invests in equity and debt securities and uses options to boost distributions.
The BlackRock Science and Technology Term Trust pays a 15% yield, trading at a 7.17% discount to NAV. The fund focuses on science and technology companies, with a 12-year limited term and 293 stock holdings.
Consider the 10 best stocks to buy now, as identified by The Motley Fool Stock Advisor team. BlackRock Capital Allocation Term Trust has a 23.88% yield and trades at a discount, but wasn’t among the top picks. The top 10 stocks could provide significant returns.
Read more at Nasdaq: These 3 Funds Offer Sky-High Yields of 15% or More and Trade at a Discount
