AOD's dreadful performance relative to the S and P and dow is to be expected and has certainly been the rule in the past.
1. expenses and fees are high. hi turnover 2. questionable management company 3. "engineering" probably has no performance benefit 4. product aimed to the elderly not professionals 5. long record of lagging performance 6. almost certainty of dividend cut
There are a lot of good CEFs and preferred stocks that generate good returns with low risk. PHT, PKO, PTY, FFC, and HPF are just a few. Most sell at a premium to NAV but their NII covers the monthly dividend.
Be careful with anything that offers dividends that are too good to be true. I would suggest a portfolio of blue chips paying about 2%. I know that suggestion isn't going to appeal to anyone in this dog.