Part 5/8:
High-yield options such as the SPYi and QQQI have shown promising results. Another higher-risk option, the FEI, utilizes a similar strategy, though it exhibits greater volatility.
Closed-End Funds (CEFs)
Closed-end funds can offer substantial growth and yield combined with diversification. One standout fund in this category is UTG, which predominantly invests in utility stocks known for paying qualified dividends. Historically, a significant portion of UTG’s distributions has been long-term capital gains, making it a tax-efficient choice with an approximate yield of 7%.
The UTF fund, focused on infrastructure, also presents a noteworthy option. While not as tax-efficient as UTG, approximately half of its distributions are derived from long-term capital gains.