- HNDL is a fund of ETFs aimed at providing retirees a sustainable 7% yield without the volatility of competing closed-end funds.
- With fixed exposure to a core portfolio involving a 70/30 split between fixed-income and equities, and a strategic explore portfolio touching 12 unique asset classes, HNDL is extremely well-diversified.
- Monthly distributions consist of ordinary income, capital gains, and a return of capital that hasn't resulted in the erosion of NAV.
- This article will look at HNDL's performance compared to a benchmark portfolio of ETFs, and why I think it's superior to CEFs for retirees needing a high-yield, low-risk solution.
For further details see:
HNDL: A Simple, Effective, 7% Yielding, Tax-Efficient ETF Of ETFs