Group 1 - The article analyzes the Western Asset Diversified Income Fund (NYSE: WDI), which is managed by Franklin Templeton [1] - The fund is classified as a closed-end fund and is not an exchange-traded fund (ETF) [1]

Core Insights - Achieving $1 million in passive income is challenging, but generating smaller amounts is more feasible [5][6] - Retirement income may require selling assets or generating passive income through investments like ETFs [2][3] Portfolio Analysis - Typical dividend yields for blue-chip companies range from 2% to 4%, with some companies yielding 5% or 6% [6] - To generate $1 million annually at a 3% yield, a portfolio of approximately $33.33 million is needed, while a 6% yield requires about $16.67 million [6][8] ETF Recommendations - Three ETFs with solid dividend yields and historical returns include: - Schwab U.S. Dividend Equity ETF (SCHD) with a yield of 3.9% and 5-year average return of 11.49% [9] - Fidelity High Dividend ETF (FDVV) with a yield of 3.1% and 5-year average return of 17.56% [9] - Vanguard High Dividend Yield ETF (VYM) with a yield of 2.6% and 5-year average return of 13.79% [9] - For higher yields, the iShares Preferred & Income Securities ETF (PFF) offers a yield of 6.5%, though with lower average annual gains [10] - Covered-call ETFs like JPMorgan Equity Premium Income ETF (JEPI) and JPMorgan Equity Premium Income ETF (JEPQ) yield 8.4% and 11.2% respectively [11]

Group 1 - The article invites active investors to join a free trial and engage in discussions with sophisticated traders and investors [1] Group 2 - There are no stock, option, or similar derivative positions held by the analyst in any of the mentioned companies, nor plans to initiate such positions within the next 72 hours [2] - The article expresses the author's own opinions and is not influenced by compensation from any company [2] - Seeking Alpha clarifies that past performance does not guarantee future results and that the views expressed may not reflect the overall opinions of Seeking Alpha [3]

Core Insights - Investors are increasingly drawn to high-yield funds, with XA Investments' XFLT being a notable example, offering a yield of 15% [1] Company Analysis - XFLT is a high-income closed-end fund that has gained popularity among investors due to its attractive yield [1] Market Trends - The trend of investors gravitating towards high-yield funds indicates a broader interest in income-generating investment opportunities [1]

Group 1 - The CEF/ETF Income Laboratory manages closed-end fund (CEF) and exchange-traded fund (ETF) portfolios targeting safe and reliable yields of approximately 8% [1][2] - The service offers managed portfolios, actionable income and arbitrage recommendations, and in-depth analysis of CEFs and ETFs, catering to both active and passive investors [2] - The community consists of over a thousand members focused on finding the best income ideas, with a majority of holdings being monthly-payers for faster compounding and smoother income streams [2] Group 2 - Nick Ackerman, a former financial advisor with over 14 years of personal investing experience, provides coverage on closed-end funds and exchange-traded funds [3]

Group 1 - The article focuses on high-yield closed-end funds, specifically examining the Western Asset Global High Income Fund Inc. (NYSE: EHI) [1] - It invites active investors to join a free trial and engage in discussions with sophisticated traders and investors [1] Group 2 - There is no mention of any stock, option, or derivative positions held by the analyst in relation to the companies discussed [2] - The article expresses the author's opinions and does not provide compensation beyond Seeking Alpha [2]

Group 1 - The CEF/ETF Income Laboratory manages closed-end fund (CEF) and exchange-traded fund (ETF) portfolios targeting safe and reliable yields of approximately 8% [1][2] - The service offers managed portfolios, actionable income and arbitrage recommendations, and in-depth analysis of CEFs and ETFs, catering to both active and passive investors [2] - The community consists of over a thousand members focused on finding the best income ideas, with a majority of holdings being monthly-payers to enhance compounding and smooth income streams [2] Group 2 - Nick Ackerman, a former financial advisor with over 14 years of personal investing experience, provides coverage on closed-end funds and exchange-traded funds [3]

Core Viewpoint - Real Estate Split Corp. plans to extend its maturity date by an additional 5 years to December 31, 2030, allowing shareholders to continue benefiting from a diversified portfolio of North American real estate securities [1][2]. Group 1: Term Extension - The board of directors intends to approve the extension of the maturity date, which will be announced at least 60 days prior to the original maturity date of December 31, 2025 [1]. - The extension allows Class A shareholders to maintain exposure to a high-conviction, actively managed portfolio of leading North American real estate companies [2]. - The term extension is not a taxable event, enabling shareholders to defer potential capital gains tax liability until the shares are disposed of [3]. Group 2: Shareholder Returns - Since inception on November 19, 2020, Class A shares have delivered a total return of 5.4% per annum, including cash distributions of $6.94 per share [4]. - Preferred shareholders will benefit from preferential cash dividends until December 31, 2030, with Preferred shares delivering a total return of 5.3% per annum since inception [5]. Group 3: Company Background - Middlefield, founded in 1979, is a specialist equity income asset manager with a focus on high-quality global companies across various sectors [6].

Group 1 - The article emphasizes the benefits for retirees to rely on portfolio distributions instead of actively selling shares for withdrawals [1] - The author has over 15 years of experience in investing and specializes in identifying high-quality dividend stocks and assets that provide long-term growth potential [1] - A hybrid investment strategy combining classic dividend growth stocks, Business Development Companies, REITs, and Closed End Funds is proposed to enhance investment income while achieving total returns comparable to traditional index funds like the S&P [1]

Core Viewpoint - Global Dividend Growth Split Corp. has announced an extension of the maturity date for its Class A Shares and Preferred Shares from June 30, 2026, to June 27, 2031, allowing shareholders to benefit from an attractive distribution rate and potential capital appreciation [1] Group 1: Shareholder Benefits - Class A shareholders will continue to receive a distribution rate of 10.7% based on the closing price as of August 11, 2025, and can defer potential capital gains tax until shares are disposed of [1] - Over the past five years, Class A Shares have delivered a 19.6% annual return, outperforming the MSCI World High Dividend Yield Total Return Index by 9.9% and the MSCI World Total Return Index by 5.3% [2] - Since inception, Class A shareholders have received cash distributions totaling $8.55 per share, with an option to reinvest these distributions commission-free [2] Group 2: Preferred Shareholder Insights - Preferred shareholders will benefit from preferential cash dividends until June 27, 2031, with a return of 5.1% per annum over the past five years [3] - As of July 31, 2025, Preferred Shares have a high level of downside protection, with 54% asset coverage [3] Group 3: Investment Strategy - The Fund invests in a diversified portfolio of equity securities from large-cap global dividend growth companies, requiring a market capitalization of at least $10 billion and a history or potential for dividend growth [4] - Brompton Funds Limited manages the portfolio, focusing on income and growth investment solutions [5]