"Unlike open-end mutual funds, ETFs trade on major exchanges like stocks. They own financial assets, including stocks, bonds, currencies, debt, futures contracts, and commodities such as gold bars. The more passive income can help cover rising costs, such as mortgages, insurance, taxes, and other expenses, the easier it is for investors to set aside money for future needs as they prepare for or begin retirement. Dependable recurring monthly dividends from quality, high-yield ETFs are a recipe for success."
"We screened our 24/7 Wall St. ETF research database and found six top funds that have these qualities: High dividend monthly payout Trades at a discount to net asset value Major Wall Street firms manage them Reasonable expense ratio Why do we cover ultra-high-yield monthly pay ETFs While not suited for everybody, those trying to build strong passive income streams can do exceptionally well with some of these top companies in their portfolios."
Exchange-traded funds (ETFs) trade on major exchanges and hold assets such as stocks, bonds, currencies, debt, futures contracts, and commodities. Monthly high-yield ETFs can generate dependable passive income to help cover mortgages, insurance, taxes, and other rising expenses as investors prepare for or enter retirement. ETFs offer intraday liquidity because they can be sold anytime markets are trading. Six top funds were identified with high monthly dividends, discounts to net asset value, management by major Wall Street firms, and reasonable expense ratios. JPMorgan Equity Premium Income (JEPI) has raised billions since 2020 and uses an actively managed S&P 500-based portfolio plus equity-linked notes and call-option strategies.
Read at 24/7 Wall St.
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