What are some good investments with monthly income?


Quick Answer

Some good investments with monthly incomes include Harvest Energy, Enerplus Resources, Cross Timbers Royalty Trust, Hugoton Royalty Trust and San Juan Basin Royalty Trust, according to Kiplinger. These are energy-based funds, and they consistently distribute monthly incomes as long as the price of oil and gas remains high. The trick to maintaining a high monthly income from an entire portfolio is to complement the energy funds with other assets, such as international bonds, foreign currencies and real estate.

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Full Answer

Many investments pay dividends on a yearly or quarterly basis, but most exchange traded bond funds and Vanguard bond funds pay on a monthly basis, reports Kiplinger. In the past decade, and as of 2015, some reputable mutual funds, such as Loomis Sayles Global Bond Fund and Loomis Sayles Bond Fund, have switched from quarterly or annual payouts to monthly distributions. They have done this to satisfy many of their investors, who are retirees.

Realty Income Corp. is a reputable real estate trust that also pays on a monthly basis, unlike many of these types of trusts, explains Kiplinger. When setting up a monthly income from dividends, the higher an investor wants that income to be, the more risk he should be willing to accept in the portfolio. For example, relying heavily on energy funds risks losing much of the income if oil prices dip significantly.

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