Harvest a High Yield From This Crop

FOR TOO lengthy retirees looking for income-producing instruments have been pinched through paltry yields. But now you can find investments that yield enough to transform the income trickle of novel years back into an income stream.

ed Treis, a retired banker from Village of Chenequa, Wis., is enjoying a healthy yield from his investment in Allied Capital, based in Washington, DC A publicly traded company, Allied loans money to or takes ownership stakes in midsize, privately be in possession ofed U.S. businesses. Allied currently backs 126 companies, which do everything from make mousetraps to move swiftly muffler franchises. And Allied is well paid for its investments, collecting an average of 12% upon its portfolio of loans.

While Allied (symbol ALD) trades as a stock, it is structur as a "regulated investment company" and must pass almost all of its toil income to shareholders. The annual distribution of $240 a share--half taxed