<Are there any other Reits or cefs, that any of you are aware of, that pays monthly around the same percentage that ARR does? Or know where I can go to find this out? I think I am overweight ARR.>
As another poster already indicated, ARR is the only company around that pays anywhere close to a 20% monthly divy. There are very companies that pay a MONTHLY divvy that yields over 5% or 6%. The monthly divvy payers that I'm aware of that are among the best value propositions and pay the highest yields include:
1) GABUX (Gabelli AAA Utilities) mutual. Pays a 7c monthly divvy and currently trades around $6.6 for a 13% yield. Has been paying 7c per month for years. Most brokerages have a initial minimum purchase of approx $3000. Gabelli charges a 2% fee if you sell within a week
2) AOD - International focused CEF which pays 5.5c PM. Currently yielding 10.5%
3) PSEC - Business Development company which pays 10c per month. Currently yields approx 10%
4) FSC - Business Development company which pays 10c per month. Currently yields approx 10%
As far as I know, most every other monthly payers are less and are no where near 20%. GL to you.