By Bryan Perry, editor The Cash Machine

I'm adding the BlackRock Global Opportunities Equity Trust (NYSE: BOE) to our Aggressive High-Yield Portfolio.

This closed-end fund has all the right stuff against the current investing landscape -- exposure to the U.S. and other faster-growing global economies, broad diversification, a healthy dividend yield of 11.38% derived from a time-tested covered call strategy and top flight management.

The BlackRock Global Opportunities Equity Trust is a perpetual closed-end equity fund that began operations in May 2005. The primary objective of the fund is seeking current income and gains, with a secondary goal of long-term capital appreciation.

Typically, the trust invests about 80% of its total assets in equity securities, including common stocks, convertible securities, preferred stocks, warrants, depository receipts and equity interest in REITs; options on equity securities; indices; or sectors of equity securities.

BOE is able invest in companies around the world, of any market cap and even those in the process of IPOs.

In addition, it can invest up to 25% of its total assets in emerging countries, up to 20% of its total assets in debt securities (including those issued by companies in emerging markets), and up to 10% of its total assets in non-investment grade debt securities, or junk bonds.

Currently, BOE is throwing off a highly attractive 11.44% current yield from the selling of covered calls on roughly 56% of its portfolio. This leaves plenty of room for capital appreciation from the 44% of the portfolio that is not hedged.

At the same time, BOE didn't use leverage for its better than 31% return in the past year, which like many of our holdings, outperformed the S&P 500 for 2009.

BOE has been paying out the same quarterly dividend of $0.56875 per share since November of 2007, all through the worst of what the stock market endured.

And it even paid out an additional special dividend of 80 cents at the end of 2007, a rare event in the toughest of times for fund performance.

With 73% of the fund in large cap ($10 billion to $20 billion) multi-national stocks, BOE is in my view, poised for another very strong year.

That's because after lagging the market for the past couple of months, the financial sector is seeing strong rotation of money flow into it.

Currently, BOE is trading at less than 1% premium over its Net Asset Value (NAV) and has about a quarter of its holdings in financials, which should translate into strong near-term performance.

Along with financials, BOE is also invested in IT, energy, healthcare and consumer discretionary, and holds big names like Roche Holding, Chevron, Novartis, eBay and GlaxoSmithKline.

If you can pick it up under $20, then you are capturing an 11%+ dividend yield as the fund is experiencing a new technical breakout to the upside. Nice!

Learn more about this financial newsletter at The Cash Machine.