XYLD - 2 Double-Digit High-Yielding ETFs I'm Buying
2024-06-16 02:27:41 ET
Summary
- More restrictive interest rate environment has created a wider option space for yield-seeking investors to select the right assets.
- Yet, finding something that produces close to double-digit yield is not that easy and often times comes with a lot of risk.
- Covered call ETFs can offer both - abnormal income and relatively stable income profile.
- In this article, I elaborate on two specific covered call ETFs, which, in my opinion, could be considered by high yield seeking investors.
The context
In the current interest rate environment, finding meaningful yield is finally possible. The higher SOFR has pushed down the valuations especially for more value and duration heavy asset classes, rendering various income strategies attractive....
2 Double-Digit High-Yielding ETFs I'm Buying