​Closed End Funds are a nice way of getting higher percentages of income versus normal dividend paying company stocks. The thing to realize with CEF's is that they are not evaluated the same way as stocks. They have some unique attributes to research. They can be thought of as "similar" to ETF's in that they are a basket of investment instruments put together by a fund manager. Some funds are strictly Bonds while some are Equities while others may blend them. But, taking the time to learn the terminology and metrics to evaluate can be quite rewarding in terms of income.http://cefconnect.com is one of the best sites to learn, screen for, and evaluate them. Morningstar also offers some good information on CEF's.