Subject: Re: Protecting the Downside
To lock in some higher interest rates I got a couple of multi-year guaranteed annuities for 3 yrs and 5 yrs, both paying over 5%.

Suggest taking a look at the PIMCO bond+ / income CEFs, such as PDO, PDI, PAXS etc for professionally managed higher yielding funds. 9%+ yields. Worth a corner of our portfolios in a declining interest rate environment.

FC