CEFs

Today’s Trades: NBB, ERC, GBAB, SGOV, MSD

iShares® 0-3 Month Treasury Bond ETF ($SGOV)
Added/Buy 35 Shares of SGOV at Market (Day), Filled at $100.61, $2,213.42
  • Short term T bills, cash equivalent
  • Pays 5.24% monthly

Today’s Trades: GOOGL, CVX, DFP

My 50% profit target was hit on the $GOOGL Nov $155 short put option.

I used the freed up cash to:

Sell a Chevron $CVX put option.
YOU SOLD OPENING TRANSACTION PUT (CVX) CHEVRON CORP NEW COM NOV 15 24 $145 (100 SHS) (Cash) @ $2.29 ($229), representing an annualized yield of 18.60%.
Chevron is a Divident Aristocrat that pays a 4.30% dividend, so I would not mind owning this stock if it gets assigned to me.
Flaherty & Crumrine Dynamic Preferred and Income Fund $DFP
  • Added 65 shares
  • Pays 6.33% monthly distribution
  • Currently selling at a 5.51% discount
  • I am now adding to preferred stocks and limited duration bonds to get more yield than 3 month T-Bills are paying

Today’s Trades: NEE-PR, DFP, LDP, SGOV

Today I had a short term T-bill mature, so I used those funds to buy some higher-yielding investments. As interest rates come down, T-bills will no longer be as attractive, so I am adding to my holdings in preferred stocks and limited duration bonds.

NextEra Energy, Inc. Preferred UNIT 09/01/25 ($NEE-PR)

  •  7.40%

Cohen & Steers Limited Duration Preferred and Income Fund, Inc ($LDP)

  • 7.21% monthly

Flaherty & Crumrine Dynamic Preferred and Income Fund ($DFP)

  • 6.26% monthly

iShares® 0-3 Month Treasury Bond ETF ($SGOV) 

  • 5.26% monthly

 

Today’s Trades: AAPL, KO, DVN, BDJ, SHEL

Closed 1 AMD cash-secured put for an 80% profit, freeing up some cash to work with.

Closed 2 NVDA cash-secured puts for an 80% profit, freeing up some cash to work with.

Sold 3 cash-secured puts on stocks I would not mind owning if they get assigned to me:

AAPL

Sep-12-2024, Sell to Open 1 Contract AAPL Oct 18 2024 215 Put Limit at $3.70 (Day)
Filled at $3.85 ($385), representing an 18% annualized yield.
KO
DVN
Used the remaining cash to add to:
SHEL:  4.12% dividend
BDJ:  8.04% monthly dividend

Today’s Trades: HASI, GLU, UBER, NLCP

Today’s Trades: GLU, NLCP, FBTC

Had some available cash, so I added to three positions today:

My Entire Portfolio, View While Link is Still Available!

Sharing my entire portfolio, comments appreciated! Ranked by dividend yield; includes my stock/eft shortlist and CEF shortlist. docs.google.com/spreadsheets/d

I have mostly high yield stocks, ETFs, CEFs, and T-Bills.

Some growth stocks like TSLA, AAPL.

Not included on the spreadsheet are my covered call and cash-secured put options.

Comments appreciated! How many of these do you have?

 

 

Today’s Trades: GLU, NLCP

Took profits today (bought back) on a short UBER put option.

Divided the cash evenly between two new holdings that I’ve been wanting:

Gabelli Global Utility & Income (GLU), a global, closed-end, utility fund

  • currently selling at a -7.36% discount
  • 8.58% yield, pays monthly, very steady
  • uses reasonable leverage, 29.8%
  • reasonable expenses, 1.45%
  • uses no return on capital (ROC)

New Lake Capital Partners (NLCP), a REIT that specializes in cannabis properties

  • currently the top-rated stock on Seeking Alpha, all green ratings
  • 8.63% yield

Also see: UBER Put Trade May 17

 

Today’s Activity: Big Dividend Day

I love the end of the month. I receive dividends from all of these on the last day of the month. Most are Closed End Funds (CEFs).

abrdn Global Dynamic Dividend Fund (AGD)

abrdn Total Dynamic Dividend Fund (AOD)

abrdn Global Infrastructure Income Fund (ASGI)

BlackRock Enhanced Equity Dividend Fund (BDJ)

BlackRock Health Sciences Trust (BME)

BlackRock Health Sciences Term Trust (BMEZ)

BlackRock Science and Technology Term Trust (BSTZ)

BlackRock Utilities, Infrastructure, & Power Opportunities Trust (BUI)

DoubleLine Yield Opportunities Fund (DLY)

DoubleLine Income Solutions Fund (DSL)

Eaton Vance Enhanced Equity Income Fund II (EOS)

  • Just raised dividend 32%

Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG)

  • Just raised dividend 29%

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO)

  • Just raised dividend 26%

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV)

Eaton Vance Tax-Advantaged Dividend Income Fund (EVT)

  • Just raised dividend10.6%

abrdn Asia-Pacific Income Fund Inc (FAX)

Gladstone Investment (GAIN)

BlackRock Corporate High Yield Fund (HYT)

NextGen Infrastructure Income Fund (NXG)

Cohen & Steers Total Return Realty (RFI)

Cohen & Steers REIT & Preferred Income Fund (RNP)

Cohen & Steers Quality Income Realty Fund (RQI)

Global X Russell 2000 Covered Call ETF (RYLD)

Ecofin Sustainable and Social Impact Term Fund (TEAF)

Credit Suisse X-Links Crude Oil Shares Covered Call ETNs (USOI)

Cohen & Steers Infrastructure Fund (UTF)

Reaves Utility Income Trust (UTG)

Also see: ASGI Trade

Also see: BDJ Trade

Also see: RQI Trade

Also see: AGD Trade

Today’s Trades: AAPL, RQI

My Apple (AAPL) April 175 short put is in the money and expires in a few days, so I rolled it out and down to a May 170 put to give AAPL more time. This resulted in a net debit to me of about $13. The new May put option gives me a 32% annualized yield. I only sell cash-secured put options on stocks I would want to own.

I added to my position in Cohen & Steers Quality Income Realty Fund (RQI). Reasons I’ve had this closed-end fund for quite awhile now:

  • Currently selling at a -5.17% discount
  • Pays me 8.87% monthly
  • Uses no return on capital (ROC)
  • Distribution very steady

Also see: Today’s Trades from 3/25/24