"Top Passive Income Stocks with Magnificent Yields: A Must-Have for October"

1 min read
Source: Seeking Alpha
"Top Passive Income Stocks with Magnificent Yields: A Must-Have for October"
Photo: Seeking Alpha
TL;DR Summary

Two funds, BCX and HQH, are recommended for investors looking to generate strong income in October. BCX, a fund that invests in commodity-driven companies, offers a yield of 7% and is trading at a discount to NAV, making it an attractive option. HQH, a healthcare-focused fund, has a yield of 10.6% and is currently trading at a steeper discount to NAV than usual. Both funds provide exposure to sectors that are expected to thrive, with commodity prices remaining elevated and the healthcare sector historically outperforming the market. Investing in these funds allows investors to benefit from dividends and secure financial security.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

7 min

vs 8 min read

Condensed

94%

1,583101 words

Want the full story? Read the original article

Read on Seeking Alpha