Closed-End Funds vs. Dividend ETFs

Investing is about doing what is right for you. If you achieve your investing goals, you can't lose.
Closed-end funds are about immediate income. They can help you replace your paycheck as you move into retirement.
Dividend ETFs are about long-term compounding. They can also replace your paycheck over a 20-30 year period.
The main difference is that Dividend ETFs tend to appreciate in value over those years. They are like rental properties that increase in value and rental prices.
Leveraging both of these products will give you the long and short game of income. That's all anyone can want. Good Luck!