What if I told you there are 152 funds out there that yield 7%+? And many of these stout income plays are even safer than the typical S&P 500 stock! They hold the household-name stocks we all know, as well as high-quality corporate bonds, senior loans, real estate investment trusts (REITs)–just about any asset class you can think of.
I’m guessing you’d be interested, especially with the S&P 500 dribbling out a pathetic 1.3% yield these days, and 10-year Treasuries paying 1.35% (and handcuffing our cash for 10 years in return!).
So today we’re going to dive into these 152 income juggernauts and tease out three of the best ones (average yield: 7.4%) for you to consider now.
This article originally appeared at Contrarian Outlook.