My grandmother is looking for more income than the1% she is getting on her 1 year CD. She has $500,000 coming due, and asked me to find her a better investment. I trade high beta stocks everyday like NFLX,CRM,LNKD,PCLN,GOOG, and don't know much about these income investments. I will be inheriting all this money when my dear Grandma passes, so if she lasts another 6-7 years, this should be worth about $1 million, considering of course that the NAV stays about the same, reinvesting the dividends. I'm asking you experts about the safety of this instrument, before I do some more homework. Thank you for your honest opinions, and let me know of the potential risk factors.