DIVO - DIVO Continues To Be A Strong Income Alternative To Standard Dividend ETFs And Bonds
2024-04-30 09:00:00 ET
Summary
- The Amplify CWP Enhanced Dividend Income ETF offers a hybrid approach to generating income and capital appreciation.
- DIVO has outperformed bond funds over the past 5 years, with a total return of 60.12%.
- As interest rates decline, DIVO may become a popular alternative for investors seeking income-generating assets.
As the Fed Funds Rate sits at a multi-decade high of 5.25% - 5.50%, there are many attractive options for generating income from your capital. When it comes to personal finance, individual objectives vary from person to person. While some focus on capital appreciation and growing their net worth, there are some that shift their focus to generating income, and others that take a hybrid approach and incorporate multiple styles into their investment mix. There is no correct way to invest, and allocating capital consistently to an S&P 500 index fund with a proven track record of producing positive returns may not fit everyone's investment objectives. It feels as if there are countless products dedicated to generating income, and in a time when the risk-free rate of return is above 5%, investors have many approaches they can take. The "T-bill and chill" phrase became popular as rates increased, and the 2-year T-bill exceeded a 4.5% yield....
DIVO Continues To Be A Strong Income Alternative To Standard Dividend ETFs And Bonds