Friday, November 13, 2026
High-yield investments, meaning high single digits or higher, tend to come from a small handful of investment types: real estate investment trusts—especially finance REITs— business development companies (BDCs), energy midstream companies, preferred stocks, and closed-end funds (CEFs) with managed dividend policies. These assets tend to move together. Higher interest rates are usually a negative. Most […]
Higher interest rates can create problems for income investments. But some lenders have a business model that can benefit when rates rise. Business Development Companies, or BDCs, often make floating-rate loans to middle-market businesses. When benchmark rates increase, the interest collected on those loans can increase as well. That makes the Federal Reserve’s December 8–9 […]
Bonus or special dividends paid on top of a company’s regular dividend. These are this week’s bonus dividend opportunities.
Energy infrastructure has become a hot-button topic in the discussion around the data center buildout. However, energy sector infrastructure stock prices have been hit- or-miss this year, as investor sentiment about the data center buildout swings from enthusiastic to negative. For example, here is the year-to-date chart for Kodiak Gas Services (KGS), which provides natural […]
Rithm Capital (RITM) reported earnings on Friday, October 23. The 8% gain in shares that day indicates investors are starting to see what I have been preaching to my newsletter subscribers. Rithm Capital is organized as a real estate investment trust (REIT). However, over the last four or five years, it has made numerous acquisitions, […]
When interest rates go up, investors often have the knee-jerk reaction to sell certain types of stock. The resulting sell-off can be disconcerting if you don’t understand what is happening. The yield on the 10-year Treasury drives much of the interest rate outlook. Over the last six months, the 10-year yield has moved from 4.25% […]
With crude oil continuing to trade at $90 to $100, and gasoline and diesel prices high enough to worry politicians, the wars in Ukraine and Iran have thrown global energy markets into disarray. To fully understand what’s happening, it’s important to also understand the broader energy sector, which divides naturally into three subsectors, depending on […]
Autocallable ETFs have become a hot, exciting topic for income-focused investors. These funds provide a lot of stability, plus very attractive yields. Our team has taken the lead in explaining these funds to investors. Recently, VegaShares launched a second ETF in the category. One is more aggressive; the other is quite conservative. Let’s look at […]
Interest rates have spiked higher over the last month. The 10-year Treasury yield increased by 12%, moving from 4.7% to 5.25%. When rates increase, investors sell off stocks they think will be hurt by higher rates. Real estate investment trust (REIT) share prices are one of the most affected asset classes. The Vanguard Real Estate […]
Crude oil prices and the share prices of upstream energy stocks have been on a wild ride. Recently, WTI crude has dropped from $105 to about $90 per barrel. Upstream energy stocks have also fallen sharply. Here are the year-to-date stock charts with normalized returns for a couple of my favorite upstream stocks: Diamondback Energy […]
