"Safe" high yielders - stocks, ETFs, CEFs, REITs, MLPs, etc - post your favorites!

[ken-do-nim]

(08-02-2021, 06:26 PM)NilesMike Wrote:

(08-02-2021, 05:40 PM)ken-do-nim Wrote: Here's what I'm currently invested in that has a 7%+ yield:

• OXLC, 11.34% yield
  
• RA, 10.76% yield
  
• NLY, 10.37% yield
  
• PCI, 9.35% yield
  
• PFL, 8.66% yield
  
• ARCC, 8.21% yield
  
• RIO, 7.94% yield (misleading, it's a semi-annual payer that jumps around payout-wise, but it's definitely good)
  
• HTGC, 7.41% yield, however this is a DGI and they try to raise their dividend often
  
• MO, 7.16% yield, also DGI
  
• HRZN, 7.01% yield
  

Now let's see if any are any good  I'm going to use a 10 year DRIP timeframe and see how they do.

First, a baseline.  Let's say you invested $10,000 in AT&T 10 years ago.  How much would you have now?  You'd have $16,698.77.  T right now is sporting a 7.40% yield, so it's pretty comparable to these.  

OXLC - not in their database, but over the last 10 years it has dropped from $20 to $7.34 so while it's on a sweet run now, long-term um no.

RA - starting date of 12/4/2016, but even with a much shorter time frame your $10k is worth $17009.89.  In a 10 year frame likely much better; a base hit, maybe even a double.

NLY - $15,422.59.  Swing and a miss! (since it didn't do better than T)  I have it but I've already started to trim it.

PCI, PFL - mutual funds; not in their database

ARCC - $30,834.96 yowza!!  I think that's a double.

RIO - not in their database, but up from $56 to $87 in the last 10 years, not including dividend reinvestment, so likely a triple

HTGC - $42,028.93 home run into the Monster seats!!!

MO - $31,166.97, another 2-bagger.

HRZN - not in their database.  Up from $15.6 to $17.48 in the last 10 years, so with dividend reinvestment probably a solid hit

****

Edit: Bonus stock AGNC, with its 9.06% yield, which I sold last week, nets $20,254.19 so it's overall solid.

Oh, and ORC, which I cut last month, of the 15.66% nosebleed yield?  Just $12,827.47 although it started in 2013.  I say ground-into-double-play.

Every one of those has drawdowns of>35%, no thanks.

Right, these high yielders suit my needs at present.  The really safe capital preservation funds for when I'm retired I haven't researched yet, but I doubt they fall into the "high yield" bucket.  I interpret high yield as 7%+, others may think differently about it.  Other than endorse MO, I haven't seen any other recommendations, although in other threads I see a lot of forum members like BTI.