A 100% cash-allocation, quarterly-rebalanced yield strategy using eight income-focused ETFs to provide diversified, steady income from credit, financials, REITs, energy infrastructure, real assets, MLPs, BDCs, and high-yield bonds.

Goal: generate steady income by owning a fixed basket of yield-focused ETFs. How it works: 100% of new cash is allocated to eight ETFs according to fixed weights that total 100% (CDX 10%, KBWD 10%, KBWY 10%, TPYP 20%, RA 10%, AMLP 10%, BIZD 20%, HYBL 10%). Every quarter, the weights are checked and adjusted back to these targets. Each ETF provides income from a different source: credit/high-yield bonds, dividend-paying financials, high-yield REITs, energy pipelines, real assets, energy infrastructure/MLPs, BDCs (lenders to smaller businesses), and high-yield bonds. This approach seeks to smooth returns by spreading income sources rather than concentrating in one area.

An income-focused fixed-weight ETF basket with quarterly rebalancing. Out-of-sample, it targets steady income with lower risk than the S&P (drawdown ~11.9% vs ~18.8%, beta ~0.53, Sharpe ~0.50, Calmar ~0.46).