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February 20, 2013 at 03:42 AM EST
2 Newer Names for Retirement Income
If you’re a retiree who needs income for living expenses, consider these new closed-end funds yielding more than 7%.
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ARES DYNAMIC CREDIT ALLOCATION FUND, Inc.
BABSON CAPITAL GLOBAL SHORT DURATION HIGH YIELD FUND
MERCK & CO., Inc.
ROYAL DUTCH SHELL PLC CLASS B
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