Core Insights - The Income Compounder Portfolio focuses on compounding investment income through reinvesting and increasing the share count of dividend-paying securities to create a growing income stream over time, irrespective of market conditions [1] Investment Strategy - The article emphasizes the importance of investing in high-yield income stocks and funds such as BDCs, REITs, CEFs, and ETFs to enhance retirement income beyond traditional sources like pensions and Social Security [1] Market Trends - The performance of funds investing in the equity tranches of CLOs has been unfavorable for investors in 2025, highlighting the significance of market trends in investment outcomes [1] Investor Profile - The article reflects the perspective of an income-oriented investor who has transitioned from relying on financial advisors to conducting personal research and making informed long-term investment decisions [1]
SPMC: Caught In The CLO Credit Cycle Conundrum