My current portfolio allocations are below.
I decided that EEQ is a more stable stock as far as their distribution. They announced a stable distribution last Friday. I feel the stock has bottomed and see much more upside than downside.
The yield was the same for EEQ as AGNC.
1) MO = 77.7%
2) EEQ = 18.7%
3) CASH = 3.6%
EEQ pays a DIVIDEND based on EEP.
Enbridge Energy Management (or EEQ) pays quarterly distributions in the form of additional shares. The distributions are comparable in value to the quarterly cash distributions paid by Enbridge Energy Partners (or EEP).
Specifically, the distribution of additional EEQ shares is determined by dividing the cash value of a distribution declared by Enbridge Energy Partners by the average closing price of EEQ shares for the 10 consecutive trading days prior to the ex-dividend date.
Distributions declared by the Board of Directors are distributed to shareholders of record 45 days after the end of each calendar quarter. The payment date is moved forward if the 45-day mark falls on a weekend or holiday.
Disclosure: I am/we are long MO, EEQ.