I would like to generate income from the fixed income portion of my portfolio that exceeds the measly yields ZIRP has given in CDs and MMs. So this is what I came up with...
BND: 25% - Vanguard Total Bond
DLTNX: 25% - Doubleline Total Return Bond
NUV: 25% - Nuveen Municipal Value fund
PCEF: 8.3% - Powershares CEF Income Composite CEF
DSL: 8.3% - Doubleline Income Solutions Fund
PFF: 8.3% - Ishares US Preferred Stock
The combined current yield of these 6 at the percentages listed is 4.49%.
I know the bottom 3 are rather "alternative" choices.
Any opinions on an allocation like this? Or maybe a better question is what are some of you doing to try to generate some cash flow?
BND: 25% - Vanguard Total Bond
DLTNX: 25% - Doubleline Total Return Bond
NUV: 25% - Nuveen Municipal Value fund
PCEF: 8.3% - Powershares CEF Income Composite CEF
DSL: 8.3% - Doubleline Income Solutions Fund
PFF: 8.3% - Ishares US Preferred Stock
The combined current yield of these 6 at the percentages listed is 4.49%.
I know the bottom 3 are rather "alternative" choices.
Any opinions on an allocation like this? Or maybe a better question is what are some of you doing to try to generate some cash flow?