RISR - 3 Strong Little-Known Income ETFs
2024-06-06 15:36:01 ET
Summary
- Some income ETFs offer high yields and strong value propositions, but fly under the radar of most investors.
- I've identified three such ETFs: RISR, HYGH and CLOZ.
- These offer yields in the 7% - 9% range, have outperformed since inception, and get little coverage at Seeking Alpha.
In this article I'll be giving a quick rundown of three strong, but little-known, Income ETFs. These have less than 1,000 followers each and get very sporadic coverage from writers at Seeking Alpha.
First, we have the FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR). RISR focuses on interest-only MBS, securities with negative duration. It sports a 7.2% dividend yield, and a duration of negative 5. RISR's strong dividends ensure positive carry / long-term expected returns, while its negative duration means the fund can be used to hedge an investor's bond holdings....
3 Strong, Little-Known Income ETFs