High-Yield Monthly Income Fund

A High-Yield Monthly Income Fund is an income-focused mutual fund or ETF that invests primarily in high-yield (below investment-grade) bonds, dividend-paying equities, and other income-generating assets. Designed to deliver elevated income distributed on a monthly basis, the fund seeks to maximize yield while accepting higher credit or market risk. It is best suited for income-oriented investors with a moderate to high risk tolerance who seek regular cash flow and are comfortable with greater return variability.

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