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The rainy day fund TG26

Remember if you buy an UK GILT below it’s issue price (£100) and hold to maturity you will not lose any of your hard earned.

The alternative for a rainy day fund is a Money Market fund where you would currently earn more than the Gross Redemption yield of 3.75%.

But if you want to sleep soundly at night and not worry about interest rates, an option for your Snowball.

The other option to lower your risk is to pair trade with a higher yielder, where currently a Trust like SEIT would reward you strategy.

SEIT

Tony Roper, Chair of SEIT, said:

“SEIT’s operational performance was generally in line with expectations in the year, with the portfolio delivering its targeted distributions to fully cover the dividends for our shareholders.

“While dividends have increased and operational performance has improved, we, like many of our peers, remain frustrated that our share price has drifted down and our shares continue to trade at a material discount to NAV per share. The status quo is clearly unsustainable.  With this in mind, we have announced today that the Board are considering all strategic options to deliver value for all shareholders in an effective and efficient manner.”

Jonathan Maxwell, CEO of SDCL, the Investment Manager said: 

“SEIT’s large and diversified portfolio demonstrated resilience amidst global economic and geopolitical uncertainty. The portfolio delivered growing operational performance, in line with expectations, to fully cover dividends, despite significant CapEx during the year. Thanks to recently agreed portfolio-level debt financing facilities, the focus going forward should be less on investing and more on delivering increased operational performance.

“Structural trends such as persistently high energy prices and increasingly unstable grids reinforced the value proposition of SEIT’s decentralised energy efficiency assets during the year. Expected growth in US industry and data centre construction globally should represent operational tailwinds moving forward.

“Current market dynamics continue to significantly impact share prices across the infrastructure and renewable energy investment trust sector, and SEIT has been no exception. We have intensified efforts to position SEIT’s assets for NAV growth, and the Company’s balance sheet has been optimised. We are also progressing opportunities across the portfolio to release liquidity, reduce gearing and recycle capital, as we to seek to protect and crystallise shareholder value.”

Across the pond

AMLP: Growing The Dividend, Which Is Generating A Large Single-Digit Yield

AMLP: Growing The Dividend, Which Is Generating A Large Single-Digit Yield 

Jun. 16, 2025

Alerian MLP ETF (AMLP)ETEPDAMLP52

Steven Fiorillo

Summary

  • AMLP offers high-yield exposure to America’s energy infrastructure, benefiting from surging energy demand driven by AI and data center expansion.
  • Midstream MLPs in AMLP are insulated from commodity price swings via fee-based contracts, ensuring stable cash flows and attractive dividend growth.
  • Major holdings like ET and EPD are expanding capacity to meet rising demand, supporting long-term capital appreciation and increasing distributions.
  • Despite sector-specific risks, I remain bullish on AMLP as falling rates and growing energy needs make it a compelling income and growth investment.

A monthly pay check.

4 Diversified ETFs That Send You a Check Every Month (No Stock Picking Needed)

David Moadel

Published: June 19, 2025 9:57 am

Key Points

JEPQ and QQQI offer hefty yield and broad technology sector exposure.

DIVO and SPYI also provide good yield, but they also feature multi-sector diversification.

Exchange traded funds (ETFs) can benefit investors in multiple ways. They can immediately diversify your portfolio by providing exposure to a wide variety of stocks. Plus, some ETFs offer fabulous dividend yields and pay monthly distributions so you can grow your wealth quickly.

The passive income ETF revolution is here and it’s unstoppable. Are you ready to board the high-yield train with four fantastic funds that pay cash every month? To make it all easier to digest, I’ll divide the ETFs into two categories and you can try some or even all of them.

Two Tech-Focused Funds

Today’s topic is diversified ETFs that send you a check (in the form of a cash distribution to your investment account) every month. These ETFs are convenient because the fund managers do all of the stock picking for you.

Large-cap technology stocks tend to perform well over the long run. Therefore, I would like to feature two ETFs that provide big monthly cash payouts but also concentrate on tech stocks.

JEPQ

$52.75

▲ $24.18(45.84%)5Y

Don’t get the wrong idea, as these funds are focused but are also diversified. For example, the JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) is centered around the NASDAQ 100 index and comprises 108 stocks.

JEPQ’s holdings include many large-cap technology names that you’ll surely recognize. You’ll find tech leaders like Amazon (NASDAQ:AMZN), NVIDIA (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO), Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL), and Meta Platforms (NASDAQ:META).

Like the other ETFs discussed here, the JPMorgan Nasdaq Equity Premium Income ETF uses option trading strategies to juice more yield for the shareholders. Don’t worry if you’re not familiar with complex options strategies, as you can let the fund managers handle that.

You’ll have to pay expenses totaling 0.35% per year, which will automatically be deducted from the share price. On the other hand, the JPMorgan Nasdaq Equity Premium Income ETF features a rolling 12-month dividend yield (which is similar to an annual dividend yield) of 11.36%. So, the annual expenses aren’t too band when you consider JEPQ’s diversification and high yield, which is distributed on a monthly basis.

QQQI

$51.06

▲ $12.27(24.03%)5Y

A similarly tech-centered fund that pays you every month is the NEOS NASDAQ-100 High Income ETF (NASDAQ:QQQI). This ETF includes approximately 100 stocks in its holdings, and it revolves around the NASDAQ 100 index, much like the JEPQ ETF does.

The percentage weightings toward Microsoft stock, Apple stock, and other tech leaders vary slightly between JEPQ and QQQI. The main differences, really, are the yield and the expenses/fees.

The NEOS NASDAQ-100 High Income ETF involves an expense ratio (i.e., annual fees) totaling 0.68% of the share price. However, the QQQI ETF’s current annual distribution rate is an eye-catching 15.35%, so the monthly payouts can be substantial with this fund.

Two Multi-Sector ETFs

JEPQ and QQQI are great for investors seeking tech sector exposure and monthly paychecks. However, to de-risk your portfolio, it’s a good idea to add some ETFs that pay monthly dividends but also diversify beyond the technology sector.

DIVO

$41.43

▲ $34.93(84.31%)5Y

To that end, I’ve got three terrific monthly payers that include some technology stocks but also involve a variety of non-tech-focused names. The first of these three picks is a passive income powerhouse called the Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO).

You’ll find technology giant Microsoft stock in the DIVO ETF’s holdings. Yet, the fund has 34 diversified holdings in total, including the stocks of non-technology firms like McDonald’s (NYSE:MCD), Goldman Sachs (NYSE:GS), Procter & Gamble (NYSE:PG), and Chevron (NYSE:CVX).

DIVO’s annual expense ratio is 0.56%, and the fund’s distribution rate is 4.81% per year, which is broken down into monthly cash payments. The annual yield might not be huge, but there’s a safety factor here as the Amplify CWP Enhanced Dividend Income ETF provides exposure to reliable, “steady Eddie” businesses like Visa (NYSE:V), JPMorgan Chase (NYSE:JPM), and Caterpillar (NYSE:CAT).

SPYI

$49.61

▲ $20.29(40.90%)5Y

Finally, we can really ramp up the diversification factor with the NEOS S&P 500 High Income ETF (BATS:SPYI). This fund invests in stocks that you’ll find in the S&P 500 index, and its holdings include around 500 stocks from many different market sectors.

This means SPYI comprises tech names like Microsoft and NVIDIA, but also a slew of stocks from various fields. Some examples include Coca-Cola (NYSE:KO), McDonald’s, Bank of America (NYSE:BAC), Exxon Mobil (NYSE:XOM), and Home Depot (NYSE:HD).

The NEOS S&P 500 High Income ETF deducts an annual expense ratio of 0.68% but provides a head-turning distribution rate of 12.5% per year. The distributions are paid out each and every month, so the SPYI ETF is an enticing portfolio diversifier that can be mixed and matched with JEPQ, QQQI, and/or DIVO.

What’s your plan ?

How much should a 40-year-old put in a SIPP to earn a monthly passive income of £1,000?

A SIPP can be a great way to build up a nest egg for a more comfortable retirement. But what can be achieved if not starting until 40?

Posted by

Zaven Boyrazian, MSc


When investing, your capital is at risk. The value of your investments can go down as well as up and you may get back less than you put in.


For many, turning 40 raises the alarm of suddenly needing to prepare for retirement using a Self-Invested Personal Pension (SIPP) or other pension-building vehicles. While there’s still plenty of time to put money aside, the prospect of being almost halfway through a career can cause a lot of concern. Even more so considering, on average, 40-year-olds only have around £39,500 saved up for retirement, according to the Office for National Statistics.

When combined with the State Pension, passively earning an extra £1,000 each month can go a long way. So with that in mind, how much money does an investor need to put into their SIPP to achieve this?

Retirement income requirements
A grand a month equates to £12,000 a year. And when following the 4% withdrawal rule, investors will need to have a SIPP portfolio worth around £300,000. The good news is, thanks to the tax relief benefits of a SIPP, reaching this goal may not be as impossible as it might seem.

An investor who sits in the Basic income tax bracket can enjoy up to 20% tax relief on all deposits into a SIPP. As such, for every £1,000 that’s added gets a nice £250 top-up from the government. And someone with the previously-mentioned £39,500 in average retirement savings can steadily move this money into a SIPP, resulting in £49,375 of investable capital – 16% of the way to reaching the £300,000 goal.

From here, 40-year-olds don’t actually have to contribute any more money if they’re aiming to retire at 63. That’s because after 23 years of compounding at the 8% stock market average rate, a £49,375 initial SIPP will have grown into just over £300,000.

Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice. Readers are responsible for carrying out their own due diligence and for obtaining professional advice before making any investment decisions.

Taking a step back
Even when starting from scratch, for those who can become disciplined savers, it’s possible to secure a decent retirement even with relatively small sums of capital. Sadly, there’s no guarantee that the stock market will deliver an 8% average return. Looking at the FTSE 100, gains over the last 15 years have notably lagged its historical average. And should that pattern continue, investors may end up with a smaller retirement income than expected.

Could you make a plan that could return you more than the 12k mentioned above ?

With £49,375 of investable capital, to KISS let’s say 50k.

Dividends from a portfolio of 50k compounded at 7% for 25 years would provide income of around 18k pa, without taking the gamble withTR.

ETFs that pay high monthly dividends

Deep Seek

ETFs that pay high monthly dividends

If you’re looking for ETFs that pay high monthly dividends, here are some popular options across different categories (equity, fixed income, and alternative income strategies):

1. Equity ETFs (Stocks)

These ETFs invest in dividend-paying stocks, often focusing on high-yield sectors like REITs, utilities, or covered call strategies.

  • JEPI (JPMorgan Equity Premium Income ETF)
    • Yield: ~7-9%
    • Strategy: Uses covered calls on S&P 500 stocks to generate income.
    • Pays: Monthly
  • DIVO (Amplify CWP Enhanced Dividend Income ETF)
    • Yield: ~5-6%
    • Strategy: Active management with dividend growth stocks + covered calls.
    • Pays: Monthly
  • SPYD (SPDR Portfolio S&P 500 High Dividend ETF)
    • Yield: ~4-5%
    • Strategy: Tracks high-dividend S&P 500 stocks.
    • Pays: Monthly
  • SRET (Global X SuperDividend REIT ETF)
    • Yield: ~8-10%
    • Strategy: Focuses on high-yield global REITs.
    • Pays: Monthly

2. Fixed Income ETFs (Bonds)

These ETFs invest in bonds, preferred stocks, or other debt instruments for steady income.

  • PFF (iShares Preferred & Income Securities ETF)
    • Yield: ~6-7%
    • Strategy: Invests in investment-grade preferred stocks.
    • Pays: Monthly
  • HYG (iShares iBoxx $ High Yield Corporate Bond ETF)
    • Yield: ~5-6%
    • Strategy: High-yield corporate bonds.
    • Pays: Monthly
  • BKLN (Invesco Senior Loan ETF)
    • Yield: ~7-8%
    • Strategy: Floating-rate bank loans (less interest rate risk).
    • Pays: Monthly

3. Alternative Income ETFs (Covered Calls, MLPs, etc.)

These use options strategies or invest in high-yield alternative assets.

  • QYLD (Global X NASDAQ 100 Covered Call ETF)
    • Yield: ~10-12%
    • Strategy: Covered calls on the NASDAQ 100 (high income but limited upside).
    • Pays: Monthly
  • XYLD (Global X S&P 500 Covered Call ETF)
    • Yield: ~9-11%
    • Strategy: Covered calls on the S&P 500.
    • Pays: Monthly
  • AMLP (Alerian MLP ETF)
    • Yield: ~7-9%
    • Strategy: Focuses on energy MLPs (tax implications apply).
    • Pays: Monthly

Key Considerations:

  • Dividend sustainability: Some high-yield ETFs (like QYLD, SRET) may have lower growth potential or principal erosion over time.
  • Tax implications: REITs and MLPs generate non-qualified dividends (taxed as ordinary income).
  • Covered call ETFs (JEPI, QYLD, XYLD): Provide high income but may lag in strong bull markets.

Monthly payments from ETF’s

If you’re looking for ETFs that pay high monthly dividends, here are some standout options that consistently deliver income-focused returns:

Co Pilot

🌱 Equity & Covered Call Strategies

  • JPMorgan Equity Premium Income ETF (JEPI) – Offers a yield around 11%, using a covered call strategy on large-cap U.S. stocks.
  • Global X SuperDividend ETF (SDIV) – Tracks 100 of the highest-yielding global equities, with a yield near 10.9%.

🏦 Preferred Shares & Financials

  • iShares Preferred and Income Securities ETF (PFF) – Invests in preferred stocks, yielding around 6.2%.
  • Invesco KBW High Dividend Yield Financial ETF (KBWD) – Targets high-yield financials, boasting a 12%+ yield, though with higher risk.

🏘️ Real Estate & Alternatives

  • Invesco KBW Premium Yield Equity REIT ETF (KBWY) – Focuses on small- and mid-cap REITs, yielding around 9.3%.
  • Ellington Financial (EFC) – A mortgage REIT with a 12.5% yield, offering monthly payouts.

These ETFs can be powerful tools for generating consistent income, especially if you’re building a dividend snowball or planning for retirement.

Across the pond

3 “Secret” Funds That Could Let You Retire Earlier Than You Think

Michael Foster, Investment Strategist
Updated: June 19, 2025

Few things ease financial worry like knowing you can walk away from work anytime you want.

Closed-end funds (CEFs) give us just that kind of security—and we talk about that a lot in my weekly articles and in my CEF Insider service. With yields of 8%, 9% and more, CEFs generate huge payouts that could let you retire earlier than you think.

It’s such a powerful—and overlooked—way to invest that it’s worth revisiting again today. We’ll color our discussion by looking at how some typical American retirees could retire with CEFs.

And we’re going to work in some real-life numbers, too.

I can’t stress enough that we’re not doing anything exotic to grab these yields: One of these three CEFs invests in S&P 500 stocks. The others are almost as familiar, holding corporate bonds and publicly traded real estate investment trusts (REITs).

More on these funds in a moment. First, let’s look at some real figures to see how much income investors could potentially book from CEFs.

Retirees Are Doing Better Than You Think (and Could Do Better Still)

First, let’s get some data about the net worth of the average retiree. Fortunately, the Federal Reserve regularly collects this information.

The numbers say something startling: The average retiree is doing well, with the 65-to-74-year-old cohort sporting an average net worth of $1.79 million in 2022, with some of that being in their primary residence. Since that was a lousy year for markets, that net worth is probably higher now.

Of course, not everyone is doing well. Because many haven’t been able to save as much as the top tier, the median retiree has a net worth of about $409,900. This means they need to rely on Social Security.

However, even a less-wealthy retiree could have a comfortable retirement with the three funds I’m about to show you—and we’ll get to those in just a moment.

But first, let’s talk about our average retiree, with that $1.79-million net worth.

They probably have at least some of their wealth in S&P 500 index funds, which yield around 1.3%. That translates into $2,000 in monthly income if they had the full $1.79 million available to invest (an assumption we’ll make as we move through this article).

They could get much more through the three funds we’ll discuss next—all of which will be familiar to CEF Insider readers.

“Financial Freedom” Buy No. 1: Adams Diversified Equity Fund (ADX)

The Adams Diversified Equity Fund (ADX) yields 8.8% and holds well-known stocks like Apple (AAPL), Microsoft (MSFT) and Visa (V). It’s also one of the world’s oldest funds, having launched in 1929, days before that year’s market crash.

Moreover, ADX has a history of strong returns: It has crushed the S&P 500 for decades, including our holding period at CEF Insider, which began nearly eight years ago, on July 28, 2017.

ADX Demolishes the Index, Returns 222% for CEF Insider

Despite that outperformance, ADX has a 7.5% discount to NAV that has been closing since the middle of 2024 but still remains quite wide. One other thing to bear in mind: ADX commits to paying 8% of NAV out per year as dividends, paid quarterly, so the payout does float as its portfolio value fluctuates.

“Financial Freedom” Buy No. 2: Nuveen Core Plus Impact Fund (NPCT)

Next is the Nuveen Core Plus Impact Fund (NPCT), a 12.2%-yielding corporate-bond fund. Its discount has been shrinking in the last few years, from over 15% to around 4.1% today.

NPCT Gets Attention

Again, the portfolio shows why: NPCT’s managers have picked up bonds from low-risk issuers, including utilities like Brooklyn Union Gas and financial institutions like Standard Chartered and PNC Financial Services Group.

More importantly, they’ve taken advantage of higher interest rates to lock in high-yielding bonds with long durations, with an average leverage-adjusted duration of 8.4 years. (This measure takes the effect of the fund’s borrowing into account, making it a more accurate description of rate sensitivity.)

That stands to pay off when rates decline, cutting yields on newly issued bonds and boosting the value of already-issued, higher-yielding bonds like the ones NPCT owns.

“Financial Freedom” Buy No. 3: Nuveen Real Asset Income and Growth Fund (JRI)

Let’s wrap with the 12.3%-yielding Nuveen Real Asset Income and Growth Fund (JRI). Its portfolio features powerhouse REITs like shopping-mall landlord Simon Property Group (SPG) and Omega Healthcare Investors (OHI), which profits from the aging population by financing assisted-living and skilled-nursing facilities.

That huge dividend has a history of growth, too:

JRI’s Rising Payout

Source: Income Calendar

The fund has seen its discount shrink to 3.1% from the 15% level it was at in mid-2023, even after the pandemic hit REITs hard, and that discount continues to have upward momentum.

An 11%-Paying “Mini-Portfolio” That Pays the Bills (and Then Some)

Put those three CEFs together and you have a “mini-portfolio” yielding 11.1% on average. Here’s how that income stream looks with $1.79 million invested.


Source: CEF Insider

As you can see, with these CEFs, the average retiree’s net worth could fetch around $200,000 in annual income, or $16,630 per month. What about the median, though? Well, their $409,900 would bring in a nice income stream, too.


Source: CEF Insider

Now we’ve got $3,798 per month, a smidge higher than the median income for US workers (which is $3,518 per month, again per the Federal Reserve). Add the median $2,000 per month in Social Security benefits, and that turns into nearly $6,000 a month.

The beautiful thing about CEFs is they’re open to everybody—not just the rich (though these incredible income funds are certainly favorites of the billionaire set).

CEFs aren’t just for retirees, either. Got a job you love? That’s fine—keep at it and use your CEF dividends to reno your home, take more time off or help out the kids. It’s all up to you.

That’s the very definition of financial freedom.

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