BTZ
BlackRock Credit Allocation Income Trust
stock NYSE Closed Ended Fund

You are looking for a 7.2% return, which would require taking on significant risk.
For safer returns, you can get about 4.5% in short term corporate investment grade bonds in a fund like VCSH (short term) or about 5% in VCIT (intermediate term).
For income with some growth over time, you could invest in REITs such as EQR, NNN, VICI, or XRN, currently paying between 4.5% and 9%
To reach for yield, and take on more risk, you could buy high yield bond funds like PDI, PDO, ARDC, and BTZ. These give double digit yields, but you are risking some credit losses over time.
For long term growth, you should have some equity exposure, and you can buy dividend focused ETFs like SCHD and HDV. These will give less current income, but should give you growth over time. Yes, they have price volatility, but over the long term equity exposure is the best way to build wealth.

You are looking for a 7.2% return, which would require taking on significant risk.
For safer returns, you can get about 4.5% in short term corporate investment grade bonds in a fund like VCSH (short term) or about 5% in VCIT (intermediate term).
For income with some growth over time, you could invest in REITs such as EQR, NNN, VICI, or XRN, currently paying between 4.5% and 9%
To reach for yield, and take on more risk, you could buy high yield bond funds like PDI, PDO, ARDC, and BTZ. These give double digit yields, but you are risking some credit losses over time.
For long term growth, you should have some equity exposure, and you can buy dividend focused ETFs like SCHD and HDV. These will give less current income, but should give you growth over time. Yes, they have price volatility, but over the long term equity exposure is the best way to build wealth.