Important Note:  The following report is available to non-subscribers free of charge.  However, to view it in its entirety you must be a subscriber to our premium High-Yield International service. This monthly newsletter is focuses only on international stocks and funds that are delivering annual yields of 8%, 10% . . . even 15% or more.
 

 If you'd like to learn more about High-Yield International, including how to gain access to our International "High-Yield Security of the Month," please visit this link.

If you've already gained access to this report through a recent subscription, then you will now be able to view this report in its entirety.

Fund Favorites:
 Three Closed-End Fund Winners for Dividend Lovers

At High-Yield International, we realize the prospect of investing abroad can be daunting. Often, investors aren't sure of how they can purchase international securities (although we have a special report dedicated to this topic), which companies to invest in, or how to keep tabs on these firms. Luckily, international investing can be easier than you ever thought possible, thanks to the emergence of international funds. And in today's report, we'll show you just how simple it is to not only gain invaluable international exposure, but also earn a handsome income stream with international funds.
 

(1.)  Why International Funds Make Sense for Income Investors

 For a variety of reasons, funds make sense for international income investors:

First, funds provide instant diversification across many companies. Buying a share of a fund is the equivalent to buying a part of dozens of companies at once. That said, diversification among funds does vary. Some funds concentrate a large amount of their assets in the manager's favorite stocks -- if one firm gets in trouble, this could cause serious problems for the fund. So it is important to study a firm's portfolio before investing. Meanwhile, others make a real virtue of diversification, ensuring that one company's blowup can't torpedo the fund's returns. Again, investors should be cautious, as those funds carrying too many securities can have a difficult time beating the broader averages.

Second, international investing can sometimes be difficult due to limited information. But closed-end funds and mutual funds have expert managers and research teams (similar to High-Yield International) that do this work for you. These management teams can vary, but they usually consist of several people, with many located in the region or country the fund focuses on, allowing for a first-hand point of view of the companies they invest in.

Furthermore, these management teams consist of professional analysts; their knowledge and techniques can help uncover problem firms before they hurt the fund or find promising companies that may elude the average retail investor. So rather than tracking down a foreign company, doing research on its business, and then keeping up with that firm on a consistent basis, a fund conveniently does this for you.

Third, some countries remain difficult for individual investors to access (even though the barriers to cross-border investing are coming down fast). However, with large amounts of capital and trading know how, funds are able to easily purchase foreign stocks.

And we know some investors may be wary of investing on foreign exchanges, or perhaps don't have the ability to do so with their current brokerage account. Yet we also know that many would still like the safety that comes with diversifying internationally. For these investors, international funds are especially helpful. In fact, all the funds profiled in today's report trade on a major exchange in the U.S. And since they are also closed-end funds, you can easily trade them with your regular broker, just as you would any stock.

Fourth, the specialization of funds is becoming more appealing for many income investors. Today, there are funds that not only focus on one specific region or country, but also on one type of investment objective -- value, growth, or income. Now, international income investors have more choices than ever among funds that offer not only access to lucrative international markets, but to high-flying international dividends as well.

Why You're Not Hearing About 98% of the World's Highest-Yielding Stocks . . . and How We're Fixing that Right Now

The score of profitable companies yielding more than 12% is:

Home (U.S.) Away (Foreign)
12 "High-Yielders" 481 "High-Yielders"

12 here versus 481 abroad -- where do you think the best hunting ground is for yield-hungry investors?

Fact is, any income investor who doesn't look overseas might as well be playing golf with one club. You're giving up on 98% of your juiciest yields before you even tee off.

In High-Yield International, I'll show you how easy it is to capture safe double-digit income abroad . . . and I'll introduce you to the highest-yielding stocks on the planet.

Get the full story here.

(2.)  The Three Ways to Play International Funds

Investors have three basic choices when seeking a professionally managed international fund: open-end funds, closed-end funds, and exchange-traded funds (ETFs).

Open-end funds are the traditional mutual funds with which most investors are familiar -- and that make up the bulk of most offerings in retirement plans, including 401(k)s. A money-management company collects money from investors and puts it to work in a portfolio of stocks (or other securities) chosen by a professional portfolio manager or management team, according to criteria set out in the fund's prospectus. Importantly, the number of shares in the fund is unlimited -- new shares are issued whenever someone wants in. So money comes in and goes out on a daily basis, whenever existing shareholders redeem their shares or newcomers want to buy more. The share price, or net asset value (NAV), is reported by the fund company daily, based on the underlying value of the fund's portfolio holdings.

Closed-end funds share some characteristics with open-end funds -- a professional money manager or team of managers invest in a portfolio of securities according to criteria laid out in the prospectus, and the fund's NAV is reported every day. However, closed-end funds have a fixed number of shares, which investors buy and sell to each other on the open market, much like a stock. Since there are limited number of shares (hence the term closed-end), the fund's share price can deviate from the NAV, based on supply and demand for shares of the fund. When the share price is higher than the NAV, it is said to be trading at a premium. When the share price is lower than the NAV, the fund is trading at a discount. A premium generally indicates that investors are optimistic about the future performance of the portfolio; a discount can indicate pessimism -- or simply reflect the risk involved in the investment.

Exchange-Traded Funds are similar to closed-end funds in that their shares trade on exchanges, just like stocks. However, ETFs are designed to accurately reflect the value of a certain index of stocks or other securities. Instead of providing a way to participate in the returns of a portfolio selected and traded by a professional manager (closed-end fund), ETFs allow for minute-by-minute trading of a fixed basket of stocks or other securities. Since this index can be tracked in real time, any deviation between the value of the ETF and that of the index is usually closed immediately by traders. (With a closed-end fund, that's impossible -- holdings can change at any time, and they're usually only reported twice a year.)

For high-yield international investing, closed-end funds are normally the way to go. That's because few open-end funds focus on high-yielding foreign stocks, and those that do tend to be so diversified that they struggle to produce benchmark-beating returns. As for ETFs, their focus on an underlying index usually means they aren't weeding out stocks with low yields or no dividends at all. But several quality closed-end funds share our emphasis on countries and regions that tend to have a lot of high-yielding securities and some funds even explicitly aim to generate high yields.

We recently scoured the investment landscape in search of closed-end funds offering both international exposure and solid income potential. Our search uncovered quite a few opportunities, but three in particular stood out...

END OF FREE CONTENT

The remainder of this report is available exclusively to paid subscribers. In it, we provide in-depth analysis of five high-yield winners from Australia and New Zealand. These include:

  A fund that yields an amazing 11.0% while trading at an enormous discount of -10.5%.

  One fund that returned +25% in 2007 on top of a gain of +40% in 2006 -- all the while yielding 5.5%.

  A specialized fund that focuses solely on one of the fastest-growing economies in the European Union. In addition to strong capital gains potential, the fund offers an 11.0% dividend yield.


 Please show me how to get the 
remainder of this report, and more about your International "Income Stock of the Month."


 I'm already a High-Yield International  
subscriber. Please take me directly to the remainder of this article.

High-Yield International -- A Must for Any Serious Income Investor  

If you're looking to earn steady returns and above-average income from your portfolio, then High-Yield International is for you. This monthly service is chock full of thorough analysis, in-depth articles, and dozens of international income stocks and funds that offer yields of 8%, 10%, even 15% or more. We not only provide our subscribers with income investing ideas that produce incredibly high dividend yields, but the kicker is that these high-yield investments have also consistently outperformed the major U.S. market averages! Subscribe today and you'll receive the following annual benefits:

 12 issues of High-Yield International -- 12 issues of our "Mid-Month Update" -- Exclusive access to our International "High-Yield Security of the Month" -- Regular lists that feature some of the highest yielding stocks and funds on the market -- Subscribers-only web content -- Two model income portfolios focused on high-yield securities -- Plus much, much more!

  Visit this link to learn more about High-Yield International.

Thanks for reading today's special report -- Fund Favorites: Three Closed-End Winners for Dividend Lovers

Good investing!

-- Research Staff
StreetAuthority.com
http://www.StreetAuthority.com

StreetAuthority LLC
 839-K Quince Orchard Blvd. 
Gaithersburg, MD 20878-1614



6 Free Months of Bernie Schaeffer's Option Advisor
Learn the secrets of successful options trading from top trader, Bernie Schaeffer. Start your free 6-month subscription to The Option Advisor newsletter now and get free online access to Bernie's Crash Course in Top Gun Trading Techniques.

3 Penny Stocks Poised to Soar 300%
By the time Wall Street notices the 3 picks revealed in this report, you could be sitting on a fortune.  Click here to get immediate access to an exclusive Free report -- "3 Underground Penny Stocks Poised to Soar."

 

Investor's Business Daily (IBD)
Get 10 Free Issues of Investor's Business Daily (IBD) – Plus 2 Free Weeks of Investors.com

52 Wins in 52 Weeks - 365 Days Without A Loss
Success Trading Group scored 52 wins in 52 weeks! Get their weekend newsletters free and register for Success Trading Group's next stock picks free for 30 days!

Please note that StreetAuthority, LLC is not a registered investment firm or broker/dealer. Readers are advised that the material contained herein should be used solely for informational purposes. StreetAuthority does not purport to tell or suggest which investment securities members or readers should buy or sell for themselves. Site users should always conduct their own research and due diligence and obtain professional advice before making any investment decision. StreetAuthority will not be liable for any loss or damage caused by a reader's reliance on information obtained in this newsletter or on our web site. Our readers are solely responsible for their own investment decisions.

The information contained herein does not constitute a representation by the publisher or a solicitation for the purchase or sale of securities. Our opinions and analyses are based on sources believed to be reliable and are written in good faith, but no representation or warranty, expressed or implied, is made as to their accuracy or completeness. All information contained in this report should be independently verified with the companies mentioned. The editor and publisher are not responsible for errors or omissions.

StreetAuthority receives no compensation of any kind from any companies that may be mentioned in our newsletters or on our web site. Any opinions expressed are subject to change without notice. Owners, employees and writers may hold positions in the securities that are discussed in this report or on our web site, but are barred from trading any of these securities seven days before and after the initial publication of this report in accordance with our company policies.