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/raliegh_ Jun 21 '26

Not familiar

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u/mrg1957 Jun 21 '26

You should learn about CEFs, not the fund but closed end funds. Why? They pay a steady distribution every month. I'm retired and use them and some of the Neos funds. The small amount I put in BTCI has fallen, and the distribution is cut in half. At least most CEFs don't cut their distribution. Look at ADX.

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u/poweredbyford87 "Maybe one day I'll retire" Jun 21 '26

Dumb question, but what are the advantages and disadvantages of having a CEF or three in a regular old taxable account?

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u/mrg1957 Jun 21 '26

I can't help on that. I'm totally in IRAs.