These Funds Boast Yields as High as 9%.

The article identifies closed-end funds traded in June 2015 that feature attractive tax-free payouts and high-taxable yields. Topics discussed include the decline in prices of closed-end bond funds caused by the bond-market selloff that transpired in the first week of June and the competitiveness of the 6 percent municipal yield. The leverage and discounts to net asset value that triggered the yields and the risk of interest-rate hikes that could slash share prices and dividends are mentioned.