6%-Plus Yields On Investments Set To Benefit From Fed Tapering / Ending QE

Published Wed, 29 May 2013 12:02:11 -0400 on Seeking Alpha

(Note: For those who need some background on the advantages and disadvantages of high yield closed end funds and bonds, see my article here.) There has been a good deal of talk in the markets in the last week about the possibility of a "tapering" in the Fed's QE program. The result of all of this chatter was an unusually volatile week which ended with investors seemingly no more sure of what to expect from the Fed than they were at the start of the week. Given this volatility, the wise thing for investors to do is to look for stocks, bonds, or ETFs which are doing well under current conditions, but would also do even better if the Fed begins tapering off QE and shows signs of letting rates rise. With that in mind, I went looking for investments that would benefit specifically from an increase in... Read more



Stock name                                 ISIN Last trade   P/E Earnings/Share Dividend/Share Dividend yield
AMERICAN CAPITAL AGENCY
US02503X1054 18.84   0.0 -1.04 0.00 12.92
ANWORTH MORTGAGE ASSET
US0373471012 4.72   0.0 0.00 0.00 12.71
INVESCO MORTGAGE CAPITAL
US46131B1008 12.99   32.5 0.40 1.60 12.50
TWO HARBORS INVESTMENT
US90187B1017 8.26   9.7 0.85 0.92 11.36
ANNALY CAPITAL MANAGEMENT
US0357104092 10.85   0.0 -0.02 1.20 11.30
EATON VANCE SENIOR FLOATING-RATE TRUST
US27828Q1058 12.95   0.0 0.00 0.92 7.12
EATON VANCE FLOATING-RATE INCOME TRUST
US2782791048 13.15   0.0 0.00 0.89 6.73
KEYCORP
US4932671088 11.88   11.9 1.00 0.30 2.53
U.S. BANCORP
US9029733048 41.65   0.0 0.00 0.00 2.44
SUNTRUST BANKS
US8679141031 40.63   11.2 3.64 0.96 2.38
FIRST HORIZON NATIONAL
US3205171057 13.64   15.0 0.91 0.28 2.06
SYNOVUS FINANCIAL
US87161C1053 29.95   18.3 1.64 0.48 1.61
VANGUARD SHORT-TERM BOND ETF
US9219378273