"Lee started with the basics. Exchange traded funds trade intraday, unlike traditional open-end mutual funds that settle at the end of the day. What surprised many income investors over the past decade is that while most ETFs originally paid dividends quarterly, a growing group now pays monthly. For retirees, boomers, and older Gen X investors, that distinction matters far more than it sounds."
"We also discussed more specialized options. One that stood out was the Gabelli Gold, Natural Resources & Income Trust (NYSE: GGN). Managed by Mario Gabelli's firm, it holds a mix of gold and energy stocks, effectively pairing two sectors that often perform well during inflationary or volatile environments. GGN pays a monthly dividend above 8%, making it attractive for investors who want sector exposure alongside income."
Exchange-traded funds trade intraday, unlike traditional open-end mutual funds that settle at the end of the day. A growing group of ETFs now pays monthly dividends instead of quarterly, providing more frequent cash distributions. Monthly payouts particularly benefit retirees, baby boomers, and older Gen X investors who prioritize steady income. JPMorgan Equity Premium Income ETF (JEPI) holds roughly $30 billion and yields over 8% monthly, offering consistent cash flow despite some volatility in market drawdowns. Sector-focused monthly funds include Gabelli Gold, Natural Resources & Income Trust (GGN) with dividends above 8% and BlackRock Science and Technology Trust II (BSTZ) as a higher-yield tech-oriented option.
Read at 24/7 Wall St.
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