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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: Don01022 who wrote (917)	4/13/2022 8:57:27 AM
From: chowder	2 Recommendations Recommended By Menominee red cardinal Read Replies (1) \| Respond to of 21904

I'm selling RNP today and adding to RFI. They basically hold the same assets but RNP uses leverage (24.53%) and RFI uses hardly any (1.52%). RNP yields 6.39% and RFI yields 6.09%. The amount of leverage used wasn't worth the small increase in income so I'll be out of RNP today. I'm also adding to BDJ and SPE today. I have also been adding to high yielding ETF's -- XYLD and RYLD. I already had QYLD established. In the next week or two there will be other CEF's I add to. Here is a list of no-leverage CEF's we own. A couple of them have very low single digit exposure to leverage like RFI at 1.52%. AIO .. BST .. ASG .. BSTZ .. BMEZ .. RFI .. EXD .. SPE .. BME .. CII .. BDJ .. IDE .. NIE .. IGD .. BGY .. ETW .. IGA .. ETY .. ETV .. EOI .. EOS .. EXG. There are a lot more that don't use leverage and I am still evaluating those. I added to EXG yesterday. I will probably keep UTG. Utilities is the only place I want to use leverage.