Why This 15.3%-Paying CEF Is Making Big Changes — The XAI Floating Rate & Alternative Income Trust (XFLT), a closed-end fund offering a 15.3% dividend yield, has significantly underperformed since its 2017 launch, delivering only a 0.57% annualized total return while la (Forbes, 2026-07-28)
Even New Yorkers Think This Place Is Too Expensive — For the first time on record, the Miami metropolitan area's cost of living has surpassed that of greater New York City. The milestone marks a significant shift in relative affordability between the two major U.S. urban c (Bloomberg Business, 2026-07-21)
This Growing 6.5% Dividend Beats An Index Fund (It's Cheaper, Too) — The John Hancock Financial Opportunities Fund (BTO), a closed-end fund added in January 2026, offers a 6.5% dividend yield that has grown 76% over the past decade. Since its January inclusion, BTO has outperformed both t (Forbes, 2026-07-21)
SpaceX in your index fund, explained — SpaceX joined the Nasdaq-100 on July 7 after the exchange fast-tracked a rule change allowing large newly public companies to enter on their 15th day of trading, compelling index funds to buy the stock. Despite a market (The Verge, 2026-07-20)
This overlooked index is a better investment than the S&P 500 — Over the 30 years through July 2026, the S&P MidCap 400 index significantly outperformed the S&P 500, with a $10,000 investment in the SPDR S&P MidCap 400 ETF growing to $226,000 versus $188,000 for the same amount in th (Morningstar, 2026-07-18)
The Tax Strategy for People Suffering from Stock-Market Success — The article addresses the tax dilemma facing long-term investors with substantial unrealized gains, noting that a bull market can leave shareholders feeling locked in place by potential tax liabilities. It cites an examp (The Wall Street Journal, 2026-07-17)
Transcript: Should private credit be public? — Private credit markets are facing heightened scrutiny due to liquidity constraints and regulatory warnings, with the BlackRock Private Credit Fund recently honoring less than 40% of investor redemption requests. In May, (Financial Times News, 2026-07-17)