Vanilla energy bulls stare at XLE. So basic . Meanwhile, we “second-level” contrarians consider NRGX as a high-yield play on higher oil prices. What’s the difference? Well, PIMCO Energy & Tactical Credit (NRGX) yields 6.1% while first-level favorite Energy Select Sector SPDR Fund (XLE) yields 4%. So we bank 50% more dividend when we look past the popular ETF for a little-known CEF (closed-end fund). But wait, there’s more. XLE always sells for fair value. It holds blue-chip producers like Exxon Mobil (XOM) and Chevron (CVX) . Fair enough. But we’re paying $1 for a dollar in assets. That’s OK .… Read more