Personal Finance and Investing

Last edited Wed Dec 14, 2022, 12:35 AM - Edit history (2)

https://www.morningstar.com/cefs/xnys/kyn/performance

The 1 year and YTD return is great, but all the other period returns are negative, e.g. 1 month, 3 months, 3 years, 5 years, etc. except for the 15 year (+0.88% annualized average). I'm sure not seeing a steady reliable 9% return here.

Edited to add while on the performance page, click the Distributions button to the right of the word "Performance", just above the graph to see the distributions. In Feb 2019 thru September 2022, of the 1.965/share distributed, only 0.12 of that was actual income of the underlying holdings. The rest was return of capital. End Edit.

Narrow sector leveraged Closed End Funds are not my cup of tea.

On I-bonds, yes, at the moment they are wonderfully wonderful. But in periods of normal inflation, their returns are pretty weak. (remember it resets every 6 months, and that includes previously purchased ones. So I wouldn't make a long-term plan based on I-bonds.
But yeah, grab some, I did)
https://www.treasurydirect.gov/files/savings-bonds/i-bond-rate-chart.pdf