FSLF - PCF: An Underfollowed 9.54% Yielder

• Retirees struggle to generate reasonable portfolio income in the current environment due to Fed policies.
• PCF invests in an interesting array of high-yield securities to give it a 9.5%+ yield.
• The fund invests in other funds, BDCs, and purchases high-yielding fixed-income securities individually.
• The fund appears to be generating more than enough money to sustain its impressive yield.
• The price is better than normal, but the fund is still richly valued.

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