Cohen & Steers Infrastructure Fund

UTF

Market cap $2.96B

Letting the news drive your decisions is one of the fastest ways to damage your financial future. Steady income can act as an anchor when markets become unpredictable or emotionally charged. We discuss our top picks for reliable income; yields +7%.

We review the CEF market valuation and performance through the first week of April and highlight recent market action. Closed-end funds rebounded, with discounts tightening to historic averages as all sectors finished in the green except MLPs. Gabelli Equity CEF launched an unusual 10:1 rights offering with a fixed subscription price, later reduced to $5, causing discount widening.

I advocate for value-oriented covered call ETFs with underlying holdings beyond AI-saturated large-cap growth indices like SPY and QQQ. The risks for NAV erosion and income declines are higher on this front. Despite these risks, including some QQQ/SPY-linked covered call ETFs could enhance diversification and capture higher yields from volatility and growth.

The higher yields we choose, the more risks we introduce in our portfolios. Usually, the double-digit level is the tipping point from which the risks start to increase exponentially. The 14%+ yielding zone is very dangerous (packed with many landmines and only few areas of safety).

Most income investors are unknowingly missing two of the best-performing sectors of the past decade. These two investments fill that gap while still paying 10–13% yields. They also benefit from superior tax efficiency and skilled management teams.

Retirement income portfolios should prioritize meaningful dividend yields to avoid principal drawdown. Predictable and frequent cash flows, ideally monthly, are essential for reliable retirement income. Stress-free investments are key to minimizing worry during adverse economic conditions and avoiding income cuts.

Soaring oil prices and renewed inflation concerns challenge income investors seeking yield without excessive risk. Traditional high-yield instruments are less attractive as inflation and recession risks complicate portfolio decisions. For example, growth-index covered call ETFs and private credit exposures offer high yields but may not suit conservative investors in this environment.

The Schwab US Dividend Equity ETF (SCHD) has accumulated over $83 billion in assets, making it one of the biggest dividend funds in the United States.  SCHD ETF main limitation is its low dividend yield  This growth has been driven by the ongoing rotation from growth to value, and the fact that it has a tiny expense ratio of just 0.06% and the fact that it has a long track record of dividend growth.

NEW YORK, March 30, 2026 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Infrastructure Fund, Inc. (NYSE: UTF) (the "Fund") with information regarding the sources of the distribution to be paid on March 31, 2026 and cumulative distributions paid fiscal year-to-date. In March 2015, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission.

The article presents a rigorously screened list of 10 top closed-end funds, or CEFs, for income investors, offering an average 10% plus yield and 10.8% NAV discount. Selections emphasize sector diversification, long-term outperformance, sustainable distributions, and attractive valuations, with a focus on both equity and credit-oriented CEFs. CEFs are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone.