I want to get about $7,200 additional dividend in one PF. I just got 100K from a bond that matured so I have that to invest. (*actual investments, yields and other stuff not relevant to this discussion, just looking to get 7.2K+ from the 100K*) Obviously Treasuries, MMKts and CDs aren't going to get there.
Some commercial paper looks like it could hit that level but that would be all of the 100k eggs in one basket. Also considered some of the HY ETFs. But just one is concentrated risk. Also already have a bunch of preferreds, so don't need more of that. CLOs don't seem like they could get there.
What are the thoughts on spreading that risk using equal dollar amounts of SCYB, USHY, HYLB, SPHY & BXSL?