Vitaminm: Is there any high yielding royalty trust mutual fund?
Well heck yes. In my order of preference; best first.
Avenir Diversified Income Trust, Enervest Diversified Income Trust, Citadel Diversified Income Trust, Series S-1 Income Fund, Sentry Select Diversified Income Trust, Select 50 S-1 Income Trust, Diversitrust Income Fund, Brompton Stable Income Fund.
In percent, yields are 11+, 10+, 9+, 8+, 8+, 7, ~5.7, ~5.7
Avenir is different from the others in that it's been using its income not just to pay dividends, but to buy more producing assets. Far and away my favorite here.
None of these are as risky as pure energy trusts. They're into power generation, real estate, etc., too.
What are the ticker symbols for these funds if they are not privetly held?