3 Diversified Funds Paying Up To 9.5%
February 05, 2017 at 05:00 AM EST
Instead of meticulously picking one high paying stock after another – in hopes of building a secure dividend stream – how about simply buying a fund or two that does everything for you? After all, you’ve already made the correct asset allocation in choosing dividend stocks – which outperform non-payers by a wide margin. There are money managers who can perform quite well with this mandate. Some of them run “multi-asset” funds, which don’t get much press. That’s too bad, because the best yield 6% or more and focus on cash-generating assets such as real estate investment trusts (REITs), master limited partnerships (MLPs) and junk bonds. Let’s review three intriguing options today. Credit Suisse X-Links Multi-Asset High Income ETN (MLTI) Dividend Yield: 6.1% ... Read more