An 8% Monthly Pay Yield Tied To The Nasdaq 100
It s unusual to find an ETF that combines high yield, managed risk and exposure to the world s fastest growing tech stocks.
Author:
Jan 17, 2021
With the S&P 500 only yielding about 1.5% and 10-year Treasuries just recently moving above the 1% level, it s been difficult for investors to achieve anything remotely resembling a decent yield. That is unless you re willing to reach out on the risk spectrum to things, such as junk bonds or mortgage-backed securities.
The closed-end fund market is a popular landing spot for income seekers thanks to their many 8-10% yields, but those often require leverage to achieve, wade heavily into riskier senior loans & junk debt and are prone to distribution cuts. There are no really good options for attaining a high yield without taking a fair amount of risk in the process.