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February 7, 2018

We already own a SMALL position in UTF:  Cohen and Steers Infrastructure Fund.

This closed end fund invests in utilities, toll roads, airports, pipelines and many more.  In fact it’s largest holdings include Crown Castle, EnBridge, American Tower and Kinder Morgan:  ALL OF WHICH WE ALREADY OWN AS INDIVIDUAL CORPORATE BONDS IN THE CORE PORTFOLIO!!!

It pays monthly currently at 7.6%.  And it offers leverage which increases the dividend.

The price hit a high of $24.49 in January and has dropped recently with the rest of the market.

The price right now is $22.15.  We have a limit order placed at $22.15. 

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