Working on rebuilding a 50-60% income allocation with combo of something like 1/3 income CEFs, 1/3 high-er yield ETFs (SPHY-family) / equity income ETFS (UTG, etc) and 1/3 "defined-maturity" Treasury ETFs at their longer end like IBTL. Would like to see a week or two of stability in the Pimco prices before getting back in but those yields are sizzling on the plate in front of us. My goal is $40k-$50K a year in income.

The PIMCOs (leveraged sub-investment grade CEFS) have taken a rightful hammering in the last few months as yields have been driven up in this emerging bond bear market. It seems close to a bottom given the extent and the breadth of the price destruction of longer-dated bonds as the 10Y gets over 5%.

Interested in ideas; I have added stuff like QNZNX and unrelated CTA fund DBMF in the recent unpleasantness.

FC