I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or when ever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That’d be enough to create a portfolio that would pay you between $50k to $70k in dividend income
Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Sophia Maurine Lanting” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Started my portfolio last year with SCHD, VOO, and VUG after watching one of your videos. In terms of share price, VOO is way up (22.25%) and VUG is waaaaay up (39.62%). Thanks for the education!
Isn't VOO and VUG similar in the sense both are investing in the S&P 500? What is the difference? I thought it is generally advised against to invest in multiple ETFs or Mutual Funds?
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
My CFA ’’ Sharon Ann Meny, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
The market, whether in recession or not, will always be positive to shrewd investors. You just have to know your way around the market. The recent Fed cut is a big advantage also that any serious person will take advantage of. No better time to let the economy work for you than now.
Same thing I keep saying. Choose quality stocks and follow them up keenly. If you're not one for such complexities, then work with an Adviser to grow your portf0lio. You can't go wrong with a seasoned CFA. Things will become bullish in no time and the diligent inveestors will smile to the bank. Don't forget the last quarter of the year is upon us.
You're right, I and a few colleagues in NY work with a CFA who prefers we DCA across a number of prospective sectors instead of a lump sum purchase. Following this, my account grew by more than 40% in this 3rd quarter.
My CFA Carol Vivian Constable a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for sharing, I must say, Carol appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive.
After holding PFLT for a year I recently sold out of my position. Even with DRIP enabled it was one of my lowest returning dividend stocks. Might have to look at it again in the future.
Thats the importance of conducting thorough research, consider the long-term outlook of the companies, and diversify your investments to manage risk effectively.
Financial planning and retirement strategies are crucial, especially in today's economic climate. With global economic fluctuations and uncertainties, it's essential to have a solid plan in place to protect your financial future.
Vanguard VTI. You can count on a net 9% with a reasonable standard deviation of 15 to 17%. Start early, be consistent and the miracle of compound growth will take over. Use time as the real basis of growth...it takes about 5 years.
I would avoid the index funds, mutual funds, or specific stocks for the time being. The 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows sign of recovery
It's crucial for individuals to diversify their portfolios, seek professional financial advice, and stay informed about market trends to navigate these challenges effectively.
GOF merged with a few other under performing Guggenheim CEFs, so the AUM for GOF increased a lot and this depressed its share price. They have kept up with their dividends, but the higher AUM is a heavier lift now, especially when the CEF premium is high.
I’d be interested to see the performance by dividend income for all of these players vs the S&P 500. Considering the soaring inflation, how can I possibly safeguard and grow $350k cash reserve into a 7 figure ballpark for the next 2 years?
I believe investors should start with S&P 500/ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
I have stuck with the popularly ‘’Marissa Lynn Babula” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $1m+ before retirement, I'm 55.
Those sound like great picks! consider financial advisory so you don’t keep switching it up, top 3 payers for the month were $OHI, $KMI, and $EDP... not bad for 350k
I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.
I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
My Pimco PDI has a monthly $0.22 per share that has never been cut. I know Dividend Bull owns PDI. I have BSTZ, MAIN, PFLT, and GOF. My monthly dividends have increased my retirement income by 38%.
I leant that Dividend paying companies are typically not going to grow in stock price as much and the overall market. But they do tend to be stable mature companies. I want to invest around 600K for retirement, is this good strategy?
I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Abby Joseph Cohen. I am at $128k right now and LOVING that you have to bring this up here
Great share! Out of curiosity, I searched Abby Joseph Cohen Services online, found her consulting page ranked at the top, and scheduled a call session. I've read many reviews about advisors, but none seem as impressive as hers.
I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@@Pelham04 However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.
@@MartinD9999No. The correct term is “funds”; that’s why they are called closed-end *funds*. They may be traded like stocks, but they are not stocks. CEFs have an expense ratio; stocks do not. Stocks are investments in a single entity; CEFs hold multiple securities. Then there are differences in taxation, liquidity, and a host of other measures.
@@shawnshively3778No, it isn’t. A fund is not the same thing as a stock. And in particular a closed-end fund. Stocks do not have expense ratios; funds do. I explained this and all the other ways a CEF is different from a stock in another response which has mysteriously been deleted.
I have never understood the fascination of monthly dividends. I guess monthly doesn't hurt, except for some monthly ETFs that charge a higher management fee. But if you have the financial discipline to build up a portfolio that you can live off, you should be able to manage quarterly income.
Ugh, quarterly income. Gross. It's fine if you're still building wealth via DRIP and don't need the money, but once I'm living on dividends I want my paychecks every two weeks just like having a job, so I invest solely in monthly-paying names and have my capital split roughly 50/50 between funds that pay at the end of the month and funds that pay at the beginning of the month.
A lot of the higher yielders are monthly payers, so that attracts a lot of people who are just starting out. I don't think it's as much about discipline; more like monthly income is easier to visualize. "Here's what my bills add up to in a month, so here's what I need these tickers to pay in a month." I look at the management fee as a moot point. What matters to me is how much money I have to put up and how much money I can expect on a regular basis. I make my decisions off of that information, not what percentage some fund manager is keeping. You could also make the argument that quarterly payments are antiquated in 2024. We see that the technology exists to make monthly (and weekly) distributions, so why should those companies only make quarterly payments? Just because that's always how it's been doesn't mean it should always stay that way. A lot can also change in a quarter. How many dividend kings have we lost in the last two years? You've been waiting 3 months for that Intel payment and whoops, you're not getting one now. Not much of an issue with a diversified portfolio, but if something is going to impact the money that comes in, I'd rather know sooner than later.
@@mfinite689 I read about people starting out investing and go for high-yielder. Not necessarily the smartest choice for those youngsters. INTC cutting the dividend was the right move. No point in paying a dividend if the fundamentals don't support it. The dividend cut should be the least issue for its investors to worry about. BTW, lots of companies outside the US pay annually or semi-annually.
Not true. If you Get 11% yield from PFLT, reinvest all dividends and throw in some share price appreciation which it has done for me how is that a negative return?
@@MuzixMaker Seems like you are assuming one would put 100% of their portfolio into a single stock lol. PFLT is another tool in the toolbox. It's 6% of my portfolio and has been outstanding for me.
When GOF was below NAV this channel wasn’t optimistic about the dividend. Now that it’s well above NAV the report is it’s never cut its dividend. Such BS.
I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or when ever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That’d be enough to create a portfolio that would pay you between $50k to $70k in dividend income
Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Sophia Maurine Lanting” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
Started my portfolio last year with SCHD, VOO, and VUG after watching one of your videos. In terms of share price, VOO is way up (22.25%) and VUG is waaaaay up (39.62%). Thanks for the education!
Isn't VOO and VUG similar in the sense both are investing in the S&P 500? What is the difference? I thought it is generally advised against to invest in multiple ETFs or Mutual Funds?
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
How can I reach this advisers of yours? because I'm seeking for a more effective investment approach on my savings?
My CFA ’’ Sharon Ann Meny, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Thank you for the recommendation. I'll send her an email, and I hope I'm able to reach her.
The market, whether in recession or not, will always be positive to shrewd investors. You just have to know your way around the market. The recent Fed cut is a big advantage also that any serious person will take advantage of. No better time to let the economy work for you than now.
Same thing I keep saying. Choose quality stocks and follow them up keenly. If you're not one for such complexities, then work with an Adviser to grow your portf0lio. You can't go wrong with a seasoned CFA. Things will become bullish in no time and the diligent inveestors will smile to the bank. Don't forget the last quarter of the year is upon us.
You're right, I and a few colleagues in NY work with a CFA who prefers we DCA across a number of prospective sectors instead of a lump sum purchase. Following this, my account grew by more than 40% in this 3rd quarter.
This is very insightful. Hope you don't mind me asking you to recommend your CFA
My CFA Carol Vivian Constable a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for sharing, I must say, Carol appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive.
$GOF, $PFLT, $BST are discussed in the video.
Always liked PFLT for income seekers. Very underrated. It might actually be my #3 favorite BDC to only ARCC and MAIN.
After holding PFLT for a year I recently sold out of my position. Even with DRIP enabled it was one of my lowest returning dividend stocks. Might have to look at it again in the future.
UTG solid stable monthly dividend CEF
@@PermacultureHomestead UTG is a great defensive play
@@LouisTheTraveler76 i like it as a dividend snowball, set it to DRIP and wait another 20 years....
Thats the importance of conducting thorough research, consider the long-term outlook of the companies, and diversify your investments to manage risk effectively.
Financial planning and retirement strategies are crucial, especially in today's economic climate. With global economic fluctuations and uncertainties, it's essential to have a solid plan in place to protect your financial future.
Vanguard VTI. You can count on a net 9% with a reasonable standard deviation of 15 to 17%. Start early, be consistent and the miracle of compound growth will take over.
Use time as the real basis of growth...it takes about 5 years.
I would avoid the index funds, mutual funds, or specific stocks for the time being. The 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows sign of recovery
Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging.
It's crucial for individuals to diversify their portfolios, seek professional financial advice, and stay informed about market trends to navigate these challenges effectively.
My favorite BDCs have always been MAIN as # 1 with PFLT in a close # 2.
MAIN did amazing during the pandemic and is still doing great. Its definitely a favorite
@@arturoescorciatoo expensive to buy now…
@@jimm4260 Buy now because its one of those stocks that never drops, it will only climb higher
BST is awesome. Not sure why people are negative on the monthly income. This fund has outperformed so many others
Yes one of best close end fund
I like BST. I don't care what anyone says about it, especially the noisy middle class who always want to be right.
GOF merged with a few other under performing Guggenheim CEFs, so the AUM for GOF increased a lot and this depressed its share price. They have kept up with their dividends, but the higher AUM is a heavier lift now, especially when the CEF premium is high.
I’d be interested to see the performance by dividend income for all of these players vs the S&P 500. Considering the soaring inflation, how can I possibly safeguard and grow $350k cash reserve into a 7 figure ballpark for the next 2 years?
I believe investors should start with S&P 500/ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
I have stuck with the popularly ‘’Marissa Lynn Babula” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
PFLT is one of my soldiers
I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $1m+ before retirement, I'm 55.
Those sound like great picks! consider financial advisory so you don’t keep switching it up, top 3 payers for the month were $OHI, $KMI, and $EDP... not bad for 350k
I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.
I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
GOF, PFLT, BST.
BST i have it 2 year now and it buys it self now 💪🏻
Huge fan of MAIN but since it's really expensive right now I'll probably buy into PFLT
Thanks for the video, Alan.
This is great! Thank you for this info.
BST might be the best CEF in the market, so yeah this tracks.
My Pimco PDI has a monthly $0.22 per share that has never been cut. I know Dividend Bull owns PDI. I have BSTZ, MAIN, PFLT, and GOF. My monthly dividends have increased my retirement income by 38%.
I own Pflt and Arcc
I like PFLT, but I try to stay away from investing in individual companies.
What do you think about SCM?
I thought CEFS couldnt issue more shares am I wrong?
Yes…they have rights issue often …very common
@@bluesky5587 Then how are they closed end?
I have to bring up BCAT & ECAT, If you can bridge rhe limited duration risk they have been amongst my best paying CEFs to hold / trade.
Gbab another one ive got on the watchlist.I like idvo.Thanks bull
I leant that Dividend paying companies are typically not going to grow in stock price as much and the overall market. But they do tend to be stable mature companies. I want to invest around 600K for retirement, is this good strategy?
@KennyBeyeh How can i reach this Abby Joseph Cohen, if you don't mind me asking?
I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Abby Joseph Cohen. I am at $128k right now and LOVING that you have to bring this up here
Great share! Out of curiosity, I searched Abby Joseph Cohen Services online, found her consulting page ranked at the top, and scheduled a call session. I've read many reviews about advisors, but none seem as impressive as hers.
@KennyBeyehThank you for this tip. I just looked the name up, wrote to her through her webpage and booked a session..
@KennyBeyehThank you for this tip. I just looked the name up, wrote to her through her webpage and booked a session..
I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?
Shipping industry in Norway & Denmark have a couple of stocks with insane DY.
Best to hold CEFs in a Roth IRA to avoid taxes on the dividends. But avoid funds that use managed distributions that erode NAV.
DIVIDEND BULL - HOW MUCH DOES REALTY INCOME PAY PER SHARE - PER MONTH? THANKS
I own all three
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@@Pelham04 However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.
@@Donnafrank-k6e Oh please I’d love that. Thanks!.
@@Pelham04 Clementina Abate Russo is her name.
Lookup with her name on the webpage.
Not growing the dividend over many years is the same thing as reducing the dividend
Nice thanks for the info can u do your analysis on AGNC they pay a really good dividend too monthly 🎉
Over 5Y it has underperformed the sp500 by a magnitude of 6. Stay away from mortgage REITs. Not financial advice 😂
Try JEPQ instead
I got them also, they are dangerous
@@danielmarchisella8895 dangerous how?
DNP also
It’s a wee bit disingenuous to use “stocks” in the title when two of the companies discussed are CEFs.
You want him to use the words “units” or “shares” instead of “stocks”? Is that what the issue here is?
@@MartinD9999No. The correct term is “funds”; that’s why they are called closed-end *funds*. They may be traded like stocks, but they are not stocks. CEFs have an expense ratio; stocks do not. Stocks are investments in a single entity; CEFs hold multiple securities. Then there are differences in taxation, liquidity, and a host of other measures.
It’s still a stock 😮
@@shawnshively3778No, it isn’t. A fund is not the same thing as a stock. And in particular a closed-end fund. Stocks do not have expense ratios; funds do. I explained this and all the other ways a CEF is different from a stock in another response which has mysteriously been deleted.
With income ETFs, Return of Capital is like cheating.
Glad I finally found someone who understands how this works. Cheating sounds too mild. Ponzi scheme seems more fitting.
Return of my own capital like Tsly does is cheating or robbery. But Tsly did pay me back all I invested. So I’m in the money now.
I have never understood the fascination of monthly dividends. I guess monthly doesn't hurt, except for some monthly ETFs that charge a higher management fee. But if you have the financial discipline to build up a portfolio that you can live off, you should be able to manage quarterly income.
Ugh, quarterly income. Gross. It's fine if you're still building wealth via DRIP and don't need the money, but once I'm living on dividends I want my paychecks every two weeks just like having a job, so I invest solely in monthly-paying names and have my capital split roughly 50/50 between funds that pay at the end of the month and funds that pay at the beginning of the month.
A lot of the higher yielders are monthly payers, so that attracts a lot of people who are just starting out. I don't think it's as much about discipline; more like monthly income is easier to visualize. "Here's what my bills add up to in a month, so here's what I need these tickers to pay in a month." I look at the management fee as a moot point. What matters to me is how much money I have to put up and how much money I can expect on a regular basis. I make my decisions off of that information, not what percentage some fund manager is keeping.
You could also make the argument that quarterly payments are antiquated in 2024. We see that the technology exists to make monthly (and weekly) distributions, so why should those companies only make quarterly payments? Just because that's always how it's been doesn't mean it should always stay that way.
A lot can also change in a quarter. How many dividend kings have we lost in the last two years? You've been waiting 3 months for that Intel payment and whoops, you're not getting one now. Not much of an issue with a diversified portfolio, but if something is going to impact the money that comes in, I'd rather know sooner than later.
@@mfinite689 I read about people starting out investing and go for high-yielder. Not necessarily the smartest choice for those youngsters.
INTC cutting the dividend was the right move. No point in paying a dividend if the fundamentals don't support it. The dividend cut should be the least issue for its investors to worry about.
BTW, lots of companies outside the US pay annually or semi-annually.
It’s always better to get your money quicker
@@robertgerber2533 monthly is not necessarily quicker
Check out ZIVB
👍
BST is good, but I haven’t heard of other investments and would not trust them with my financial freedom money!
Go away then….
@@michaelhutchinson2854 Leaving already? But I was just getting started!
No increase means negative returns due to inflation. GOF has a29% premium.
Not true. If you Get 11% yield from PFLT, reinvest all dividends and throw in some share price appreciation which it has done for me how is that a negative return?
@@bbdog141414 not if you’re taking the dividends as income.
@@bbdog141414 I had PFLT I'm down 500 for now but had them for at least 8 years on of my biggest earners
@@MuzixMaker I looked at them, for some reason I never bought them
@@MuzixMaker Seems like you are assuming one would put 100% of their portfolio into a single stock lol. PFLT is another tool in the toolbox. It's 6% of my portfolio and has been outstanding for me.
FIRST
U r cool
.All these fund are junk..there's better monthly dividends out there...paying $1-2 dollars a month compare to .18cent...imo
Any particular reason you didn't name any of them? Your statement with no context doesn't mean much.
When GOF was below NAV this channel wasn’t optimistic about the dividend. Now that it’s well above NAV the report is it’s never cut its dividend. Such BS.