2 FTSE 100 stocks and 1 investment trust I’d buy for passive income!

I don’t have unlimited cash reserves that I can use to invest in UK stocks. But here is the top collection FTSE 100 dividend stocks and investment trusts that I want in 2023.

I think it can be a long-term source of passive income.

St. James’s Place

People are more active than ever when it comes to financial planning. Years of poor returns from traditional savings products means demand for investment managers like St. James’s Place (LSE: STJ) has risen sharply.

Many fears about the future of the State Pension are also encouraging people to be smarter with their money. St James’s Place says there are 12m potential customers in the UK, around half of whom have yet to seek advice. This gives a huge amount of business to win.

Of course the business operates in a competitive market. But it continues to grow to exploit the huge market opportunities. There were 4,626 advisers on the books last June, an increase of 70 since the start of the year.

Today, it pays 4.8% in dividends. The business had a record of strong annual pay growth until the pandemic. And City brokers expect dividends to increase sharply this year and next as profits continue to improve.

abrdn European Logistics Income

As the chart below shows, e-commerce will grow strongly in Europe in the short to medium term. So I’m thinking of buying it abrdn European Logistics Income (LSE: ASLI) shares for my portfolio.

This investment trust has a large portfolio of warehouses and distribution centers in mainland Europe. These assets play a vital role in getting products from manufacturers and retailers to consumers. But supply is failing to keep up with demand, meaning rents continue to skyrocket.

High construction costs could affect the company’s bottom line in the near term. But on balance, property shares like these are a good way to protect yourself from inflationary pressures. This is because the operator can effectively raise the rent to pass on the increase in operating costs.

The dividend yield in European Logistics Income is 6.2%.

The Vodafone Group

huge uncertainty surrounds The Vodafone Group (LSE: VOD) following chief executive Nick Read’s decision to step down. There will be no shortage of experienced candidates for the job. But a change in direction certainly creates risk for investors.

Despite this, I still believe that FTSE 100 companies are good stocks to own. As the world becomes more digital, telecommunications companies play an increasingly important role in our daily lives. This could be the foundation for strong long-term earnings growth.

I like Vodafone especially because of its operations in Europe and Africa. This gives light to stability/maturity and a rapidly growing market. I’m also excited by the big investments the company is making in 5G and ultrafast broadband, two white-hot growth areas.

The telecommunications company yields a 10.1% dividend today. I think it’s a good part of helping you increase your passive income.