Yes, You Can Retire On Dividends, 2 Fat Yields +8%

Sector Diversification Geographic Diversification UTF Factsheet UTF has a strong track record of regular distributions since its inception in 2004. The CEF makes monthly payments of $0.155/share, calculating an 8% annualized yied. YTD 2024, UTF's distributions are estimated as 51% NII (qualified dividends) and 49% long-term capital gains. UTF employs a 30% leverage in its investment strategy, with 85% carrying rates fixed at 1.6% with a weighted average term of 2.2.6 years. The CEF's weighted average cost o ...