Texas Pacific Land Corporation (TPL)

[fung_derf]

So looking at your VMLTX...it's paying 2.13% dividend yield, but since September it has made an upswing to be DOWN only 2%.
That and considering they are buying a hedge to increase your income means they are investing below its NAV.
If you MUST buy a fund, at least buy one that doesn't use derivatives.
You'd be far better off just buying a C.D.
And, if you're in a State with a State income tax, you're having to pay that anyway.

•The fund may invest, in derivatives. Generally speaking, a derivative is a financial contract whose value is based on the value of a financial asset (such as a stock, bond, or currency), a physical asset (such as gold, oil, or wheat), or a market index (such as the Bloomberg Barclays U.S. Aggregate Bond Index). The fund may invest in derivatives only if the expected risks and rewards of the derivatives are consistent with the investment objective, policies, strategies, and risks of the fund as disclosed in the prospectus. In particular, derivatives will be used only when they may help the advisor:

•The funds’ derivative investments may include fixed income futures contracts, fixed income options, interest rate swaps, total return swaps, credit default swaps, or other derivatives. Losses (or gains) involving futures contracts can sometimes be substantial—in part because a relatively small price movement in a futures contract may result in an immediate and substantial loss (or gain) for a fund. Similar risks exist for other types of derivatives.