Several years ago, I introduced our "Widow & Orphan" Income Factory portfolio as appropriate for investors with a more moderate risk/reward profile. "More moderate" is a relative term in the sense that it targeted an average distribution yield in the 8% range, which was lower and arguably less risky than the more aggressive Income Factory that I had been managing and reporting on that targeted distribution yields in the 10-11% range. (In my book, The Income Factory [McGraw-Hill, 2020], the "moderate risk/reward" model portfolios are conceptually based on the Widow & Orphan portfolio I had