If you like to generate steady high income, Closed End Funds (CEFs) may be on your radar. For example, equity CEFs often generate steady quarterly distributions in excess of 7%. If you are a young person saving for retirement, it’s generally a good idea to NOT invest in CEFs, but if you’re already retired (or semi-retired) then CEFs can be worth considering. This article highlights 30 equity CEFs (many trading at attractive discounts), and we also share our views on how CEFs can be valuable if used correctly.