2024-02-01 10:47:24 ET
Summary
- I have added abrdn Global Infrastructure Income Fund and RiverNorth Opportunities Fund to my portfolio.
- RIV is a fund of funds that invests in various types of investments, including BDCs, CEFs, and SPACs.
- RIV offers a high yield and monthly distributions, and currently trades at a discount to NAV, making it an attractive option for income investors.
As a mostly income-oriented investor now that I have reached retirement age, I am constantly on the lookout for closed-end funds and ETFs that pay a regular high yield income stream, which I use to compound my returns over time in my Income Compounder portfolio . Eventually, those individual streams of income (my portfolio holdings) turn into a river of cash flowing into my retirement accounts. A few weeks ago, after several CEFs that I follow raised the monthly distribution in January, I wrote an article that reviewed five of them, which you can read here ....
Read the full article on Seeking Alpha
For further details see:
RIV: Increase Your Cash Stream With RiverNorth's 13.5% Level Distribution