The Fatal Flaw in This 24% Dividend and a Bargain 8.3% Yield to Buy Instead

The article compares two closed-end funds (CEFs): Oxford Lane Capital Corp (OXLC), which offers a 24.1% yield but carries significant risks including high fees (15.7% of assets) and a 41% dividend cut over five years, making it a sell; and Liberty All-Star Growth Fund (ASG), which offers an 8.3% yield with a diversified tech-focused portfolio and ties dividends to portfolio performance, making it a recommended buy with a 34% total return since May 2023.