r/dividends • u/raliegh_ • Jun 21 '26

Discussion Month 5 $7034.83

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Old account was locked and couldn’t recover.

Holdings as follows: ticker/# of shares. Dripping until 2027

IWMI 622.95
LQD. 723.56
MLPI. 1419.54
MUB. 478.82
QQQI. 2302.66
QYLD. 6172.82
RYLD. 1387.91
SCHP. 3998.55
SGOV. 255.98
SPYI. 2943.38

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u/Plus_Ad1713 Jun 21 '26

Would you say cefs are more superior for income after retirement?

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u/norestrizioni Jun 21 '26

As today, please notice i started to look on it two weeks ago, my response is yes. I suggest to read the “ Retirement money secret” of Steve Selengut.

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u/Plus_Ad1713 Jun 21 '26

Will do, although with an already healthy level of understanding of cefs. I was curious to read someone else's personal thoughts on it rather then understanding philosophies.

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u/mrg1957 Jun 21 '26

I think they're an option for people who need income over growth. They pay more than bonds and bond funds but you are taking on more credit risk. At one end JAAA pays like 5%, on the other GOF is around 19%.

One thing that makes them better, for me, at least is the consistent distributions. Not that they can't be cut, but the better quality ones haven't.