30 existing research selections plus 70 independent candidates. Credit is the main building block; infrastructure, preferred securities, real estate and convertible funds provide comparisons and diversification. Inclusion does not establish that Bavaria owns or recommends a fund today.
The engine is reinvestment Bavaria’s 2026 discussion emphasizes generating cash from loans, high-yield bonds and other income assets, then reinvesting it. A lower market price can purchase more future income if the underlying cash flow survives. That condition matters: lower prices caused by permanent credit losses are not automatically bargains. Spending all distributions also leaves less income available for compounding.
Steven Bavaria · Top income ideas for 2026 Start with the source of the payout Bavaria distinguishes net investment income from capital gains. Credit portfolios generally collect contractual interest, while equity funds can depend more on realized gains to finance distributions. Research coverage against the appropriate earnings source. For a BDC, review non-accruals, payment-in-kind interest, leverage and per-share NAV; a declared dividend alone proves little about sustainability.
Steven Bavaria · Distribution coverage and its cash-flow sources Distribution policy can obscure the economics A managed payout can smooth cash receipts without being fully earned in the same period. Bavaria warns that funding distributions from future hoped-for gains can deplete the capital available for recovery. Tax return of capital is not by itself proof of economic destruction, either. Compare NAV total return, distributions and audited financial statements over several periods.
Steven Bavaria · Managed distributions during a downturn Credit instruments are not interchangeable Senior loans, high-yield bonds, preferred securities, BDC shares, CLO debt and CLO equity carry different loss priorities. We added diversified bond and loan funds, multiple private-credit managers and senior CLO-debt comparisons. JAAA’s AAA-tranche mandate should not be confused with JBBB’s lower-rated debt or the existing CLO-equity funds. Falling short-term rates can reduce floating-rate income.
Janus Henderson · Securitized ETF strategies Diversify the managers and the underlying borrowers FOF was Bavaria’s publicly discussed 2026 idea: a managed portfolio of CEFs spanning several asset classes. Our broader universe includes fund-of-funds and convertible comparisons, but overlapping underlying holdings can make apparent diversification misleading. CEF discounts and leverage add another layer of opportunity and risk beyond the assets themselves.
Steven Bavaria · Top income ideas for 2026 What the site ranking actually measures The default rank balances one-year and longer distribution contribution, calculated as adjusted-price total return minus price return over identical dates. That includes reinvestment and every distribution type. It is an Income Lens historical proxy, not a coverage ratio, dividend-growth measure, future yield forecast or official Income Factory rating. Current NII, UNII, credit quality and NAV discounts are not in this score.
Primary sources The 100-investment research universe Every investment has a permanent page, source link and price history. The notes below distinguish existing creator references from independent additions. Research candidates are not buy recommendations or a claim about current fair value.
ACP abrdn Income Credit Strategies Fund Traditional Credit / Bonds · Bavaria research · 2020 Discussed in the April 2020 Income Factory interview. Global high-yield credit with leverage; a dated research example, not a verified current holding.
Selection source ARCC Ares Capital Corporation BDCs / Private Credit · Independent candidate A broad middle-market lending platform offers a private-credit income comparison.
Research question: Non-accrual loans, non-cash PIK income, leverage and premiums to NAV require review.
Issuer research ARDC Ares Dynamic Credit Allocation Fund CLO / Leveraged-Loan Credit · Income Factory list Higher complexity and credit-cycle sensitivity.
Selection source BBDC Barings BDC BDCs / Private Credit · Income Factory list Private-company lending; credit-cycle sensitive.
Selection source BGB Blackstone Strategic Credit 2027 Term Fund Floating-Rate / Senior Loans · Independent candidate Active loan and credit selection adds a manager comparison within floating-rate income.
Research question: Borrower defaults and illiquidity; rate cuts can reduce income even with low duration. The 2027 term structure requires monitoring.
Issuer research BGH Barings Global Short Duration High Yield Fund Traditional Credit / Bonds · Income Factory list Credit/default and interest-rate risk.
Selection source BGT BlackRock Floating Rate Income Trust Floating-Rate / Senior Loans · Independent candidate Floating-rate loans offer cash-flow exposure with less direct duration sensitivity.
Research question: Borrower defaults and illiquidity; rate cuts can reduce income even with low duration.
Issuer research BGX Blackstone Long-Short Credit Income Fund Floating-Rate / Senior Loans · Independent candidate Active loan and credit selection adds a manager comparison within floating-rate income.
Research question: Borrower defaults and illiquidity; rate cuts can reduce income even with low duration. Short positions add strategy risk.
Issuer research BHK BlackRock Core Bond Trust Traditional Credit / Bonds · Independent candidate Core fixed income provides a duration and credit-quality comparison within income CEFs.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research BIT BlackRock Multi-Sector Income Trust Traditional Credit / Bonds · Independent candidate Multiple fixed-income sectors broaden the sources of recurring cash flow.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research BIZD VanEck BDC Income ETF BDCs / Private Credit · Income Factory list Private-company lending; credit-cycle sensitive.
Selection source BKLN Invesco Senior Loan ETF Floating-Rate / Senior Loans · Independent candidate A senior-loan index portfolio provides a floating-rate credit benchmark.
Research question: Borrower defaults and illiquidity; rate cuts can reduce income even with low duration.
Issuer research BKT BlackRock Income Trust, Inc. Traditional Credit / Bonds · Independent candidate Mortgage securities provide a distinct source of interest income and prepayment exposure.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research BRW Saba Capital Income & Opportunities Fund Traditional Credit / Bonds · Income Factory list Credit/default and interest-rate risk.
Selection source BTZ BlackRock Credit Allocation Income Trust Traditional Credit / Bonds · Independent candidate A diversified credit allocation compares corporate and securitized sources of income.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research BUI BlackRock Utilities, Infrastructure & Power Opportunities Trust Infrastructure / Utilities · Independent candidate Utilities and infrastructure with options diversify income beyond pure credit.
Research question: Interest-rate sensitivity, regulation, equity losses and any fund leverage.
Issuer research BXSL Blackstone Secured Lending Fund BDCs / Private Credit · Independent candidate Senior secured direct lending offers an underwriting and dividend-coverage comparison.
Research question: Non-accrual loans, non-cash PIK income, leverage and premiums to NAV require review.
Issuer research CCD Calamos Dynamic Convertible and Income Fund Other / Diversifiers · Independent candidate Convertible securities provide income with participation in underlying equity movements.
Research question: Equity or preferred-security exposure may depend on capital gains; verify payout coverage.
Issuer research CEFS Saba Opportunistically Hedged Closed-End Funds Other / Diversifiers · Independent candidate A CEF portfolio with hedging offers a diversified comparison for discount opportunities.
Research question: Underlying fund expenses, leverage, overlap and changing discounts to NAV.
Issuer research CHI Calamos Convertible Opportunities and Income Fund Other / Diversifiers · Independent candidate Convertibles and high-yield bonds add an equity-sensitive credit-income diversifier.
Research question: Equity or preferred-security exposure may depend on capital gains; verify payout coverage.
Issuer research CHW Calamos Global Dynamic Income Fund Other / Diversifiers · Bavaria research candidate Named on Bavaria’s published candidate list. Combines global equities, convertibles and high-yield securities; historical coverage does not establish a current holding.
Selection source CHY Calamos Convertible and High Income Fund Other / Diversifiers · Independent candidate A convertible and high-yield strategy diversifies the drivers of portfolio distributions.
Research question: Equity or preferred-security exposure may depend on capital gains; verify payout coverage.
Issuer research CLOZ Eldridge BBB-B CLO ETF CLO / Leveraged-Loan Credit · Independent candidate Mezzanine CLO debt adds an active manager comparison within structured-credit income.
Research question: Structured-credit and liquidity risk; tranche seniority determines loss exposure.
Issuer research CSQ Calamos Strategic Total Return Fund Other / Diversifiers · Independent candidate Equities and convertible bonds blend capital appreciation with distributed income.
Research question: Equity or preferred-security exposure may depend on capital gains; verify payout coverage.
Issuer research CSWC Capital Southwest Corporation BDCs / Private Credit · Independent candidate Lower-middle-market lending provides an internally managed BDC comparison.
Research question: Non-accrual loans, non-cash PIK income, leverage and premiums to NAV require review.
Issuer research DBL DoubleLine Opportunistic Credit Fund Traditional Credit / Bonds · Independent candidate Opportunistic credit selection broadens the manager mix within fixed-income CEFs.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research DHY UBS Asset Management High Yield Credit Fund Traditional Credit / Bonds · Independent candidate High-yield corporate debt adds a distinct credit-manager comparison under UBS Asset Management.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research DLY DoubleLine Yield Opportunities Fund Traditional Credit / Bonds · Independent candidate A flexible mix of debt sectors supplies an actively managed credit-income comparison.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research DNP DNP Select Income Fund Inc. Infrastructure / Utilities · Independent candidate Utility-oriented investing provides a long-history infrastructure-income comparison.
Research question: Interest-rate sensitivity, regulation, equity losses and any fund leverage.
Issuer research DSL DoubleLine Income Solutions Fund Traditional Credit / Bonds · Independent candidate Global credit exposure diversifies domestic bond income but adds emerging-market risk.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research DSU BlackRock Debt Strategies Fund, Inc. Floating-Rate / Senior Loans · Independent candidate Loan-oriented credit broadens the range of floating-rate income strategies.
Research question: Borrower defaults and illiquidity; rate cuts can reduce income even with low duration.
Issuer research EAD Wells Fargo Advantage Funds - Allspring Income Opportunities Fund Traditional Credit / Bonds · Independent candidate A diversified fixed-income mandate adds another manager and payout-policy comparison.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research ECC Eagle Point Credit Company CLO Equity · Income Factory list Highest-risk and highest-yield segment in this collection.
Selection source EFR Eaton Vance Senior Floating-Rate Trust Floating-Rate / Senior Loans · Independent candidate Senior loans provide recurring interest with resettable coupons.
Research question: Borrower defaults and illiquidity; rate cuts can reduce income even with low duration.
Issuer research EFT Eaton Vance Floating-Rate Income Trust Floating-Rate / Senior Loans · Independent candidate A floating-rate loan fund offers a different manager for credit-income diversification.
Research question: Borrower defaults and illiquidity; rate cuts can reduce income even with low duration.
Issuer research EIC Eagle Point Income Company CLO / Leveraged-Loan Credit · Income Factory list Higher complexity and credit-cycle sensitivity.
Selection source ERC Allspring Multi-Sector Income Fund Traditional Credit / Bonds · Independent candidate A diversified fixed-income mandate adds another manager and payout-policy comparison.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research EVF Eaton Vance Senior Income Trust Floating-Rate / Senior Loans · Independent candidate Senior secured loan exposure provides a long-history credit-income comparison.
Research question: Borrower defaults and illiquidity; rate cuts can reduce income even with low duration.
Issuer research EVV Eaton Vance Limited Duration Income Fund Traditional Credit / Bonds · Independent candidate A limited-duration multi-sector approach compares credit income with rate-risk control.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research FOF Cohen & Steers Closed-End Opportunity Other / Diversifiers · Income Factory list Included from your original comparison. A closed-end fund, not an ETF.
Selection source FRA BlackRock Floating Rate Income Strategies Fund, Inc. Floating-Rate / Senior Loans · Independent candidate An actively managed floating-rate portfolio offers an alternative loan manager.
Research question: Borrower defaults and illiquidity; rate cuts can reduce income even with low duration.
Issuer research FSCO FS Credit Opportunities Corp. Traditional Credit / Bonds · Income Factory list Credit-focused closed-end fund investing in public and private credit. Market-price history begins with its November 2022 NYSE listing.
Selection source FSK FS KKR Capital Corp. BDCs / Private Credit · Income Factory list Private-company lending; credit-cycle sensitive.
Selection source GAIN Gladstone Investment Corporation BDCs / Private Credit · Independent candidate Buyout-related debt and equity introduce capital-gain potential alongside cash income.
Research question: Non-accrual loans, non-cash PIK income, leverage and premiums to NAV require review.
Issuer research GBDC Golub Capital BDC, Inc. BDCs / Private Credit · Independent candidate Senior secured lending provides a comparison of credit quality and underwriting discipline.
Research question: Non-accrual loans, non-cash PIK income, leverage and premiums to NAV require review.
Issuer research GHY PGIM Global High Yield Fund Traditional Credit / Bonds · Income Factory list Credit/default and interest-rate risk.
Selection source GLAD Gladstone Capital Corporation BDCs / Private Credit · Independent candidate Middle-market credit offers a distinct manager and borrower comparison.
Research question: Non-accrual loans, non-cash PIK income, leverage and premiums to NAV require review.
Issuer research GOF Guggenheim Strategic Opportunities Fund Traditional Credit / Bonds · Independent candidate A flexible income mandate offers a comparison for managed distributions and NAV durability.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research HIO Western Asset High Income Opportunity Fund Inc. Traditional Credit / Bonds · Independent candidate High-yield debt provides an established corporate-credit income comparison across managers.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research HIX Western Asset High Income Fund II Inc. Traditional Credit / Bonds · Independent candidate High-yield debt provides an established corporate-credit income comparison across managers.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research HTGC Hercules Capital, Inc. BDCs / Private Credit · Independent candidate Venture lending provides a distinct borrower mix with greater technology and life-science exposure.
Research question: Non-accrual loans, non-cash PIK income, leverage and premiums to NAV require review.
Issuer research HYG iShares iBoxx $ High Yield Corporate Bond ETF Traditional Credit / Bonds · Independent candidate A diversified high-yield bond ETF provides a liquid credit-income benchmark without CEF premium risk.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research HYT BlackRock Corporate High Yield Fund, Inc. Traditional Credit / Bonds · Independent candidate High-yield corporate credit offers diversified contractual interest income.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research JAAA Janus Henderson AAA CLO ETF CLO / Leveraged-Loan Credit · Independent candidate Senior AAA CLO debt offers a lower-credit-risk comparison to mezzanine CLO funds.
Research question: AAA ratings do not eliminate credit, spread or liquidity risk; income resets with short-term rates.
Issuer research JBBB Janus Henderson B-BBB CLO ETF CLO / Leveraged-Loan Credit · Independent candidate Lower-rated CLO debt provides a higher-risk income comparison to senior AAA tranches.
Research question: Below-AAA CLO debt can suffer larger credit losses; inspect the current rating mix.
Issuer research JFR Nuveen Floating Rate Income Fund Floating-Rate / Senior Loans · Independent candidate Floating-rate senior loans offer a direct comparison with other loan-focused CEFs.
Research question: Borrower defaults and illiquidity; rate cuts can reduce income even with low duration.
Issuer research JGH Nuveen Global High Income Fund Traditional Credit / Bonds · Independent candidate Global high-yield debt adds geographic and issuer diversification to contractual income.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research JLS Nuveen Mortgage and Income Fund Traditional Credit / Bonds · Independent candidate Securitized credit diversifies the borrowers behind portfolio interest income.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research JMM Nuveen Multi-Market Income Fund Traditional Credit / Bonds · Independent candidate Mortgage-backed income provides a comparison with corporate-bond credit exposure.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research JNK State Street SPDR Bloomberg High Yield Bond ETF Traditional Credit / Bonds · Independent candidate High-yield corporate bonds offer cash interest across many issuers.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research JPC Nuveen Preferred & Income Opportunities Fund Other / Diversifiers · Independent candidate Preferred securities offer income from claims senior to common stock but below debt.
Research question: Equity or preferred-security exposure may depend on capital gains; verify payout coverage.
Issuer research JQC Nuveen Credit Strategies Income Fund Floating-Rate / Senior Loans · Bavaria research · 2020 Discussed in the April 2020 Income Factory interview. Invests in senior loans, high-yield debt and CLO debt using leverage; a dated research example.
Selection source JRI Nuveen Real Asset Income and Growth Fund Infrastructure / Utilities · Independent candidate Real-asset equities and income securities diversify the sources of distributions.
Research question: Interest-rate sensitivity, regulation, equity losses and any fund leverage.
Issuer research KIO KKR Income Opportunities Fund Floating-Rate / Senior Loans · Income Factory list Credit risk with less interest-rate sensitivity.
Selection source MAIN Main Street Capital Corporation BDCs / Private Credit · Independent candidate Debt and equity investments in smaller businesses diversify private-credit income sources.
Research question: Non-accrual loans, non-cash PIK income, leverage and premiums to NAV require review.
Issuer research MCI Barings Corporate Investors Traditional Credit / Bonds · Income Factory list Credit/default and interest-rate risk.
Selection source MPV Barings Participation Investors Traditional Credit / Bonds · Income Factory list Credit/default and interest-rate risk.
Selection source NCDL Nuveen Churchill Direct Lending Corp. BDCs / Private Credit · Income Factory list Private-company lending; credit-cycle sensitive.
Selection source NHS Neuberger Berman Income Funds - Neuberger High Yield Strategies Fund Inc. Traditional Credit / Bonds · Independent candidate High-yield credit selection provides a manager comparison for income coverage and NAV stability.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research NPFD Nuveen Variable Rate Preferred & Income Fund Other / Diversifiers · Independent candidate Variable-rate preferred exposure offers an alternative to fixed-rate preferred funds.
Research question: Equity or preferred-security exposure may depend on capital gains; verify payout coverage.
Issuer research OBDC Blue Owl Capital Corporation BDCs / Private Credit · Independent candidate Direct lending across middle-market borrowers adds a large private-credit platform.
Research question: Non-accrual loans, non-cash PIK income, leverage and premiums to NAV require review.
Issuer research OCCI OFS Credit Company CLO Equity · Bavaria research · 2020 Bavaria disclosed OCCI in the April 2020 Income Factory interview. CLO equity and debt exposure with substantial credit risk; a dated research example.
Selection source OPP RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Traditional Credit / Bonds · Independent candidate Combines CEF discount opportunities and credit selection as a multi-manager income comparison.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research OXLC Oxford Lane Capital Corp. CLO Equity · Income Factory list Highest-risk and highest-yield segment in this collection.
Selection source PAXS PIMCO Access Income Fund Traditional Credit / Bonds · Income Factory list Credit/default and interest-rate risk.
Selection source PBDC Putnam BDC Income BDCs / Private Credit · Income Factory list A portfolio of business development companies.
Selection source PCM PCM Fund Inc. Traditional Credit / Bonds · Independent candidate Mortgage-related and other debt exposure broadens the credit-income toolkit.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research PCN PIMCO Corporate & Income Strategy Fund Traditional Credit / Bonds · Independent candidate Corporate and other credit income adds a long-history manager comparison.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research PDI PIMCO Dynamic Income Fund Traditional Credit / Bonds · Independent candidate Multi-sector credit offers multiple income sources, including securitized assets.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research PDO PIMCO Dynamic Income Opportunities Fund Traditional Credit / Bonds · Bavaria research · 2022 Bavaria disclosed PDO in the July 2022 income roundtable. Leveraged multi-sector credit exposure; included as a dated research example, not a verified current holding.
Selection source PDX PIMCO Dynamic Income Strategy Fund Traditional Credit / Bonds · Independent candidate A changing multi-sector mandate warrants comparison with traditional income CEFs.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research PFF iShares Preferred and Income Securities ETF Other / Diversifiers · Independent candidate Preferred securities diversify the type of claim generating portfolio income.
Research question: Subordinated claims, financial-sector concentration, rate sensitivity and call risk.
Issuer research PFFD Global X U.S. Preferred ETF Other / Diversifiers · Independent candidate A broad preferred-security basket offers income diversification beyond covered calls.
Research question: Subordinated claims, financial-sector concentration, rate sensitivity and call risk.
Issuer research PFL PIMCO Income Strategy Fund Traditional Credit / Bonds · Independent candidate Flexible debt allocation can diversify the source of credit income.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research PFN PIMCO Income Strategy Fund II Traditional Credit / Bonds · Income Factory list Credit/default and interest-rate risk.
Selection source PHK PIMCO High Income Fund Traditional Credit / Bonds · Independent candidate A high-yield-oriented credit strategy is a higher-risk payout and NAV comparison.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research PTY PIMCO Corporate & Income Opportunity Traditional Credit / Bonds · Independent candidate Flexible credit investing provides a long-history leveraged-income comparison.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research RCS PIMCO Strategic Income Fund, Inc. Traditional Credit / Bonds · Independent candidate Mortgage-related income offers a different exposure from corporate-loan funds.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research RFI Cohen & Steers Total Return Realty Fund, Inc. Other / Diversifiers · Independent candidate A real-estate CEF provides a comparison with leveraged property-income funds.
Research question: Property-cycle, refinancing and interest-rate risk; fund leverage can amplify losses.
Issuer research RLTY Cohen & Steers Real Estate Opportunities & Income Fund Other / Diversifiers · Income Factory list FOF is a diversified CEF portfolio; RLTY emphasizes real estate and preferred securities.
Selection source RNP Cohen & Steers REIT and Preferred Income Fund, Inc. Other / Diversifiers · Independent candidate REITs and preferred securities combine two income sources with different economic drivers.
Research question: Property-cycle, refinancing and interest-rate risk; fund leverage can amplify losses.
Issuer research RQI Cohen & Steers Quality Income Realty Fund, Inc. Other / Diversifiers · Independent candidate REIT equity and preferred exposure offers an actively managed property-income comparison.
Research question: Property-cycle, refinancing and interest-rate risk; fund leverage can amplify losses.
Issuer research SRLN State Street Blackstone Senior Loan ETF Floating-Rate / Senior Loans · Independent candidate Actively selected senior loans add floating-rate interest exposure.
Research question: Borrower defaults and illiquidity; rate cuts can reduce income even with low duration.
Issuer research TSLX Sixth Street Specialty Lending, Inc. BDCs / Private Credit · Independent candidate Specialty and directly originated lending diversifies the source of BDC cash flows.
Research question: Non-accrual loans, non-cash PIK income, leverage and premiums to NAV require review.
Issuer research USHY iShares Broad USD High Yield Corporate Bond ETF Traditional Credit / Bonds · Independent candidate Broad dollar high-yield exposure diversifies issuers and provides a credit-fund comparison.
Research question: Default risk, spread widening, duration and borrowing costs can impair NAV and payouts.
Issuer research UTF Cohen & Steers Infrastructure Infrastructure / Utilities · Income Factory list Still held after a June reduction. A leveraged infrastructure closed-end fund.
Selection source UTG Reaves Utility Income Fund Infrastructure / Utilities · Income Factory list Equity risk; relatively defensive businesses.
Selection source VVR Invesco Senior Income Trust Floating-Rate / Senior Loans · Income Factory list Credit risk with less interest-rate sensitivity.
Selection source XFLT XAI Octagon Floating Rate & Alternative Income Term Trust CLO / Leveraged-Loan Credit · Income Factory list Higher complexity and credit-cycle sensitivity.
Selection source YYY Amplify CEF High Income ETF Other / Diversifiers · Bavaria research · 2020 Featured in the April 2020 Income Factory interview. An ETF of closed-end funds; a dated research example, not a verified current holding.
Selection source Research date is not the publication date of every source. Holdings, mandates and dividends can change. Historical returns do not establish future potential. Return and ranking methodology
