Tag: Eaton Vance Tax Advantaged Dividend Income Fund

This “Miracle” 8% Dividend Actually Cuts Your Tax Bill

This “Miracle” 8% Dividend Actually Cuts Your Tax Bill

| April 5, 2019 | 0 Comments

Here’s something you may not know about closed-end funds (CEFs): they can give you a much lower tax bill than if you buy and sell stocks yourself. And if you follow the first-level strategy most folks do and invest through an index fund like the SPDR S&P 500 ETF (SPY), you’re almost certainly paying more tax than you […]

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