”See Ed Studzinski's commentary this month.”

Interesting commentary. Ed seems of the opinion we’re facing hyper-inflation. (But please read it yourself and draw your own conclusions.) He doesn’t much address ron’s question if I understand what ron is asking (kind of vague).
But, yes, as I think Shostakovich observes, Ed recommends staying very short on your fixed income duration - out to only a year or two. He points to 2 funds he likes that do that. Since “dividends” usually refers to stocks, not bonds, I gather that ron is contemplating some type of fund that invests in dividend paying companies. Hmmm … Tough call because these types of funds have run up a lot (ie PRFDX) this year and I never like buying high. But, what do I know?
A fund like like RPSIX will provide maybe 15-25% exposure to stocks while still playing mainly in the fixed income area. Not a bad choice - however, the bond duration is likely longer than Ed recommends. And there are combo funds like ALAAX that carry a slightly higher equity content - while still focusing on the income producing type stocks.
Real estate is sometimes included in that area, but it’s had a great run up this year. I’d be loath to buy a REIT at these levels. I’m thinking a utilities fund might be a better value if seeking dividend paying companies.
Full disclosure: I’m using a lot of GNMA funds in my fixed income portion. They’re on the relatively shorter end of the duration curve presently (for the type of fund) - only out 3-5 years, but still much farther out than Ed deems prudent. I like that they’re of a higher quality credit than corporate bonds and I don’t mind loosing a bit of $$ on them as long as the equity / risk-asset areas keep climbing.
No easy answers.
Here’s 1 out of many articles on using dividend paying stocks or funds. I haven’t had time to read it closely, but it appears something ron might find of interest - if only to encourage him to do more research on the subject. Here

Update:
https://www.sec.gov/Archives/edgar/data/836906/000168386321006006/f10017d1.htm
497 1 f10017d1.htm CORE-PLUS & MULTI-SECTOR INC BOND FUNDS SUPPLEMENT
 
Vanguard Multi-Sector Income Bond Fund
Supplement to the Prospectus and Summary Prospectus Dated October 12, 2021
Vanguard Multi-Sector Income Bond Fund is not presently available for investment.
 © 2021 The Vanguard Group, Inc. All rights reserved.
Vanguard Marketing Corporation, Distributor.PS 4181 102021
 
Vanguard Core-Plus Bond Fund
Supplement to the Prospectus and Summary Prospectus Dated October 12
Subscription period
Vanguard Core-Plus Bond Fund (the “Fund”) is holding a subscription period from October 12, 2021, through October 22, 2021. During this period, purchases of the Fund will be held in a custody account rather than being invested. This strategy should allow the Fund to accumulate sufficient assets to better construct a portfolio and is expected to reduce initial trading costs. The Fund reserves the right to terminate or extend its subscription period prior to October 22, 2021.
During the subscription period, you may invest in the Fund online (if you are registered for online access), or you may contact Vanguard by telephone or by mail to request this transaction. Please see the Investing With Vanguard section of the Fund’s prospectus for more details about requesting transactions.
 
© 2021 The Vanguard Group, Inc. All rights reserved.
Vanguard Marketing Corporation, Distributor.PS V001 102021
 
Vanguard Malvern Funds
 
Supplement to the Statement of Additional Information Dated October 12, 2021
 
Vanguard Multi-Sector Income Bond Fund is not presently available for investment.
© 2021 The Vanguard Group, Inc. All rights reserved.
Vanguard Marketing Corporation, Distributor.
SAI 4181A 102021

+1

Inception Date: 9 / 28
Opened at $50. Dropped by 3 cents today (NAV $49.97)
TBUX Chart from Lipper (Growth of $10,000):

Should be a great fund. I’d expect assets to grow quickly. Fido = 99% good. But occasionally they toss a curve ball.
How about a limit order above ask? Pretty sure I read that you can do it to insure a purchase.

Regardless of when SSA makes its official announcement, because COLA is a derivative everyone will know its value the instant the final underlying figure (CPI-W for Sept 2021) is released.
We already know exactly when that will be:

Next Release
September 2021 CPI data are scheduled to be released on October 13, 2021, at 8:30 A.M. Eastern Time.

https://www.bls.gov/cpi/
Here's how to compute it:
https://www.ssa.gov/oact/cola/latestCOLA.html
All the necessary numbers aside from the Sept CPI-W figure are already here:
https://data.bls.gov/timeseries/CWUR0000SA0?amp%3bdata_tool=XGtable&output_view=data&include_graphs=true

Perhaps of interest to those with REIT holdings and to those considering them. Includes a link to the referenced M&A and Strategic Transactions Monitor report.

A new report from JLL’s Capital Markets M&A and Corporate Advisory details the surge of $108B in REIT M&A transactions and general outlook for the sector.

REIT M&A boom continues

+1

Kind of says it all. What can you add to that?
Story

Per Google search...
COLA 2022 Increase Announcement The Cost of- Living Adjustment (COLA) for 2022’s increase will affect the money disseminated monthly to Social Security beneficiaries. It will most possibly be declared on October 13. Such a schedule is in accordance with the 2020 declaration for the 2021 COLA increase.

Maybe not the most eloquent link on taxes, but I believe it was @stillers who mentioned that he pays nothing in taxes...
@stillers mentioned:

haven't paid a dime in taxes since 2012, and may not pay them for 5-10 more years.

A more accurate list on taxation would point out that we all pay many "everyday" taxes well beyond income tax.

LMAO.
So sorry. I forgot to include the word "INCOME" taxes. Spent a lifetime of tax planning to ensure we would be able to pay personal income taxes when WE wanted to pay them, which may turn out to be not until the time of RMDs at age 72 or 75, depending on how that all shakes out in DC.

Down around 1.5%, intl. growth the laggard, US funds better.
Rick

Humor me...we all have a tax or a fee that is a pet peeve...The Bottle Bill
Maybe not a tax, but a fee in 10 states (The Bottle Bill) on containers.
When time comes to return these containers, the redemption experience is as close to purgatory as I want to be.
In some states, the unclaimed deposits are like "pennies from heaven" for the concentrated benefit of the beverage industry (millions of tax free nickels and dimes) though some states have wrestled these windfalls away from the beverage distributors. Vermont has the good sense of directing the unclaimed money to clean up its waterways.
about-bottle-bills/the-fate-of-unclaimed-or-abandoned-deposits

I wish the government would change IRA/401k rules a little and allow us to bet on football in an IRA.

You can - sorta … DKNG (a bet on sports betting). At $49 this morning it’s about in the middle of its 100 day trading range which has had it between $40 and $60. I understand your reticence about individual stocks, however.
Third quarter? Don’t really track quarters. But, am sure I was negative. A modest exposure to OPGSX was the main reason, as gold did not perform well.

@Derf, interesting question. My self managed portfolio was green, +.03% :) whoohoo. My Schwab Intelligent Portfolio was -.1% for the 3rd quarter. Pretty much a wash...
I think if I stop the urge to gamble on individual stocks I probably would do better. I enjoy playing but I'm just bad at it. I wish the government would change IRA/401k rules a little and allow us to bet on football in an IRA. I'd probably do better than stocks.

Wouldn't it be more honest if people who boasted of not paying taxes also boasted of the consequences such as saying "I've stiffed soldiers, police officers, firemen, teachers, etc. of their salaries since 2012 and I found a way to keep stiffing them for 5 to 10 more years," even though I've benefitted from their services? Or "I found a way to avoid helping children and the elderly have healthcare or to avoid helping the hungry get fed or helping the roads I drive on every day get repaired."

Maybe not the most eloquent link on taxes, but I believe it was @stillers who mentioned that he pays nothing in taxes...
@stillers mentioned:

haven't paid a dime in taxes since 2012, and may not pay them for 5-10 more years.

A more accurate list on taxation would point out that we all pay many "everyday" taxes well beyond income tax.

My holdings for the third quarter were down somewhere between 1 & 2 %. I was wondering if any portfolios held by MFO's were on the green side ?

The list is so obviously a screed (at least the URL contains "editorial") that its best function may be as a quiz for tax wonks: how many errors can you spot?
Example: Excise Tax on Comprehensive Health Insurance Plans, i.e. "Cadillac" plans

The Cadillac tax was part of the Affordable Care Act (ACA). But it was among the more controversial provisions of the law, and was eventually repealed—after being delayed twice—before it ever took effect.

https://www.verywellhealth.com/what-is-the-aca-cadillac-tax-4092993
Sure, include health care excise taxes that never existed, but miss taxes that are real, like the tax on brand name drug manufacturers and importers (since 2014, ACA).
https://www.irs.gov/affordable-care-act/annual-fee-on-branded-prescription-drug-manufacturers-and-importers
It's not as though Americans for Tax Reform isn't aware of current and potential drug excise taxes. They recently cosigned a letter to Congress complaining about same. (The BBB legislation would impose an excise tax on drug companies that refuse to "sell drugs their drugs to all distributors at the Medicare price".)

We should be days away from the 2022 increase announcement.
Note that the Social Security Benefits Increase in 2021 was announced on the SSA site on October 13, 2020.
2021 announcement per SSA site:
https://blog.ssa.gov/social-security-benefits-increase-in-2021/