That situation should improve somewhat as rates begin their upward path but those who need income from their investments still face some tough choices. The Fed has begun the normalization of interest rates on the assumption, supported by data from around the world, that we are finally approaching a period of inflation. The yield is usually nothing to write home about - the iShares Floating Rate Bond ETF (FLOT) distribution runs at about 1.28% - but they do generate income with a chance of appreciation.