- With income investments so pricey, investors might consider boosting the current yield of their portfolio by diversifying into higher-yielding investments.
- BXMX is an unleveraged closed-end fund which uses a covered call strategy, supplemented by cap gains and return of capital, to return generous distributions to shareholders.
- Over the long run, erosion of NAV is a probability -- but that is likely true of most investments offering a comparable yield to BXMX, especially if interest rates rise.
For further details see:
BXMX: A Supplement To Your DGI Portfolio