3 Funds from Steven Bavaria’s Portfolio (11% Yield)

Steven Bavaria, author of "The Income Factory", joins me to discuss his approach to income investing. He explains why it's called "The Income Factory", how to avoid yield traps, his thoughts on the Fed cutting rates, and the effect this will have on Business Development Companies. We also discuss 3 funds from his portfolio: RLTY, XFLT, and ASGI (and a few other income investments). If you like dividend investing, I hope you enjoy this conversation with Steven Bavaria.

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The Income Factory (Book):
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Inside the Income Factory (Investment Group):
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Timestamps:
00:00 Introduction
00:45 What is "The Income Factory" approach to income investing?
06:20 Why do you prefer fixed income funds over stocks?
12:04 The risks associated with stocks/equities versus credit/fixed income
18:55 How do you avoid yield traps?
25:09 How do you look for when selecting income investments for your Income Factory Portfolio?
34:45 Resources to research closed end funds; cefconnect.com and cefdata.com
36:43 What effect will the Fed cutting rates have on Business Development Companies (BDC's)?
41:25 PBDC versus BIZD
43:33 Quick take on RLTY from the Income Factory Portfolio
46:24 Quick take on XFLT from the Income Factory Portfolio
50:56 Quick take on ASGI from the Income Factory Portfolio
54:10 Not spending all the distributions from income funds (reinvesting)

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