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iShares Floating Rate Index ETF (XFR $20.05)
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PIMCO Income Strategy Fund Shares of Beneficial Interest (PFL $8.45)
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iShares Flexible Monthly Income ETF (XFLI $40.27)
Q: I have a very large sum of cash sitting in xfr at a paltry 3% yield
I'm contemplating shifting some to xfli (5.7%) and pfl:US (11.6 %) for the enhanced yield to result in a double and quadruple in monthly income
I understand there is more "risk" (interest rates, and some leverage with pfl), however,
I feel that the reward far out weighs the risk in order to increase monthly income
What do you see as a worst case scenario. I look forward to your comments.
Thank you so much
I'm contemplating shifting some to xfli (5.7%) and pfl:US (11.6 %) for the enhanced yield to result in a double and quadruple in monthly income
I understand there is more "risk" (interest rates, and some leverage with pfl), however,
I feel that the reward far out weighs the risk in order to increase monthly income
What do you see as a worst case scenario. I look forward to your comments.
Thank you so much
5i Research Answer:
XFLI is a global fixed-income fund, owning units in BINC. The main risk is interest rates, but...