Income Chaser
Income · Built around the dividend check
Going after high yields, but concentrated in a few big income payers.
Profile
What it means to be a Income Chaser
You want yield and you want it now. Your portfolio leans on a handful of high-dividend names — maybe BDCs, mortgage REITs, oil pipelines, or covered call ETFs paying double-digit yields. The income is real. The risk is that one cut or one sector downturn takes a big bite out of your monthly check.
Typical signals
- Income score above 25%
- High concentration (effective HHI above 25%)
- Often holds high-yield specialty names (BDCs, mREITs, MLPs)
- Average yield often 6%+
Famous in this lane
- Marc Lichtenfeld
- Brian Bollinger
Often holds
High yield is often the market's warning that a cut is coming. The Income Chaser is the archetype most exposed to dividend safety surprises.
Where you might drift toward
Archetypes aren't static. As your holdings shift, you tend to move toward one of these neighboring profiles.
Common questions about being a Income Chaser
Is it really that risky to chase yield?
High yield is often the market's warning that a cut is coming. Mortgage REITs, BDCs, and oil pipelines have the highest yields and the highest cut probabilities. Income Chasers are the archetype most exposed to dividend safety surprises.
How much of my portfolio should be in 8%+ yielders?
A common rule: cap any single high-yield name at 10% of your portfolio, and cap the entire high-yield sleeve at 30%. The other 70% should be diversified or dividend-growth tilted.
Can I keep the high yield AND the safety?
Yes — by anchoring with dividend growers (KO, JNJ, PG) at maybe 40% of your portfolio while running high-yielders as the satellite. You lose some current income; you gain stability.
Are you a Income Chaser?
Take the 60-second quiz to find out — or connect your real portfolio for the holdings-based version updated daily.