CLOZ
Eldridge BBB-B CLO ETF
stock NYSE ETF

FYI -- If you like high yield, and can tolerate some volatility , look at : XCCC - > 10 % to 13% yield - Monthly Interest income payer ( corporate bonds ETF ) .
A similar ETF is USHY (iShare , Blackrock).
"iShares Broad USD High Yield Corporate Bond ETF | USHY" https://www.ishares.com/us/products/291299/ishares-broad-usd-high-yield-corporate-bond-etf
>> USHY is larger - almost $22 billon in Assets/Corporate Bonds under management . ...
USHY has a lower Yield of around 7.5% , the Net Expense Ratio is lower than XCCC.
Also look at CLOZ , PCMM , JBBB - all of these are higher yield types of ETF products. These are Collateralized Loan Obligation (CLO) ETF products.
• Watch out for Price Volatility and Stability
• Look at Net Expense Ratio management fees
• Look at Total Assets held in Dollars, diversification, total number of Securities held by the ETF -- etc.
Good luck 👍

So what if you put your money into something like CLOZ, which gets you a \*pretty\* stable NAV and 9% per year? Would you be as anxious to get into the S&P quickly, or would you be more likely to wait for a dip?

Hell yeah I do! My taxable brokerage account is a wide array of income producing investments to augment my current income, and to function as back up income in case I am laid off.
I have SPYI and QQQI, but I also have PFFA, PBDC, JEPQ, JEPI, CEFS, CLOZ, and FSCO
Jobs are much less stable these days, so it feels great to have this safety net. Glad I’m not the only one who thinks this way!

Depends on how much you need, if you want long-term price appreciation or short-term income, and how much risk you're willing to take on.
For safe, short-term income options, I'd go with CSHI, JAAA, or CLOZ. Each one is a little riskier than the prior but also pays a little more. CHSI would generate about $27k per year, JAAA would be about $30k, and CLOZ would be about $42k. These funds aren't closely tied to the market, so if the market crashes, your principal amount would be (mostly) untouched. However, these options are tied to the fed rate, so if the fed cuts rates then your income will decrease (and will increase if they raise rates).
For riskier options still focused on income, SPYI or QQQI would be good options. SPYI would get you about $60k per year while QQQI would get you about $70k per year. These options are tied to the market, so if the market crashes your principal would suffer as well. It's unlikely that these funds would appreciate with the market without re-investment.
For long-term (20+ years) price appreciation but still generating income, I would consider DIVO (US) and IDVO (international). DIVO would generate about $23k annually while IDVO would generate about $27k annually. Both are tied to the market so would appreciate with it over time. And, again, if the market tanks, so will your principal.

You're putting a third into one company and are 100% in the stock market. You could reallocate all or most of the UNH money into a much less risky diversified etf or fund that targets the credit market. CEFS, PBDC, CLOZ, or JAAA/JBBB. Any of these would diversify your portfolio much better and have better yields if you're focusing on dividends instead of growth.