We’ve written that the ‘yield trade’ will struggle in 2017 and we still think that will be a case. However, sentiment will ebb and flow, and we need to be looking in places that might not have been on the radar in the last few years and are therefore still reasonably cheap. Income is still very important for many investors, and simply, there are not many places to get it. Buying a stock for yield in an environment of rising interest rates has risk, but so too does buying a ‘growth stock’ on a high multiple in that sort of environment. Here are 3 ‘cheap’ income stocks that we like the look of for the longer term.