Should You Buy the 8 Percent Closed-End Fund a 68-Year-Old Couple Has Held for 12 Years and Most Advisors Will Not Touch?

The couple's holding looks a lot like Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG), a global equity income CEF that runs a covered-call overlay and currently shows a distribution rate near 9.1% at market price and 8.3% at NAV.