Featured Articles

We Discountinued Support of the Page In Early 2015Below you will find our listing of Covered Call Closed End Funds (CEF's).  These are also known as Buy Write FundsThis list may not be a complete list, but does contain the vast majority of funds that are devoted to owning common shares and writing calls against their holdings. In general these funds write…

S&P Rating   NA   Moodys Rating   NASecurity Ticker Symbol   FCZA-BMarket Traded ON   NASDAQDividend Payment Paid on the 15th of March, June, September and December beginning on 03/15/2014Quarterly Dividend   .406   Annual Dividend   1.625Securities may be redeemed, at the issuers option, as early as 12/19/2019 for a redemption price of $25/share plus accrued dividendsInitial conversion rate will be 3.2 shares of common…

S&P Rating   BBB+   Moodys Rating   Baa3Security Ticker Symbol   WFC-RMarket Traded ON   NYSEDividend Payment Paid on the 15th of March, June, September and December beginning on 03/15/2014Quarterly Dividend   .414   Annual Dividend   1.656Securities may be redeemed, at the issuers option, as early as 3/15/2024 for a redemption price of $25/share plus accrued dividendsAfter 3/15/2024 dividend rate will change to 3 month…

S&P Rating   BBB-   Moodys Rating   Ba1Security Ticker Symbol   FITBIMarket Traded ON   NASDAQDividend Payment Paid on the last day of March, June, September and December beginning on 03/31/2014Quarterly Dividend   .415   Annual Dividend   1.656Dividends after 12/31/2023 will be 3 month libor plus 3.71%Securities may be redeemed, at the issuers option, as early as 12/31/2023 for a redemption price of $25/share plus…

December 16, 2013  11 pmNew master limited partnership Valero Energy Partners LP (ticker:VLP) which was formed by big refiner Valero Energy (ticker:VLO) came public last week at $23/share and closed today at $28.75.  It is amazing that the MLP which has a proposed minimum distribution of 21.25 cents/quarter (3% at todays close) can fly so far so fast.Valero Energy Partners…