Three Top Yielding ETFs
Tuesday, May 25th, 2010Stockerblog submits:
ETFs, also known as Exchange Traded Funds, are not just for traders; many of them generate significant income. However, there are actually dozens of ETFs which pay dividends, and WallStreetNewsNetwork.com has turned up more than 15 with yields above 3%. Other advantages to the income ETFs are the diversification of securities in the portfolio and the liquidity, better than a bond mutual fund. There are several ETF categories to choose from including high yield bond, real estate, and emerging markets bond. Here are a few examples.
The PowerShares High Yield Corporate Bond (PHB) ETF pays a yield of 8.5%, and attempts to track the Wachovia High-Yield Bond index. The fund has been paying monthly dividends since December of 2007.
