Carlyle Credit Income Fund: Get 15% Yield From The Newest CEF That Holds CLO Equity

BsWei/iStock via Getty Images As a recent retiree who seeks passive income from my investments to help support my lifestyle while I no longer receive a steady paycheck, I look for strong performing CEFs (closed-end funds) that pay monthly high-yield distributions. There are many advantages to investing in CEFs. These include the ability to buy the funds discounted to NAV, the ability of fund managers to use leverage to boost the distribution, and the ability to grow the fund's share count (and potentially t ...