Wednesday, October 8, 2014

3 Income Stocks for a ‘Monthly Paycheck’: Apollo Senior Floating Rate Fund (NYSE:AFT), Recon Capital NASDAQ 100 Covered Call ETF (Nasdaq: QYLD), Home Loan Servicing Solutions (NASDAQ:HLSS)

Up until a few years ago, dividend stocks were a fairly well-trodden beat for the financial reporter to cover, with lots of familiar names coming up over and over again.
When the Federal Reserve began its multiple rounds of quantitative easing, it began buying tons of bonds. The result is that bond prices rose and yields dropped to historic lows.
Investors who were used to having large chunks of their portfolio set up in fixed income investments saw a lot of that income dwindle almost to nothing. (more)

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