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home / news releases / evv high monthly income but watch coverage

SPY - EVV: High Monthly Income But Watch Coverage

SPDR S&P 500
  • EVV pays a very tempting 9.13% distribution rate to shareholders.
  • The asset mix is attractive; however, be aware of a lack of coverage for that high distribution.
  • Under normal market conditions (where the fund isn't recovering from 2020's crash,) we would anticipate NAV to slowly decline.

For further details see:

EVV: High Monthly Income But Watch Coverage
Stock Information
Company Name: SPDR S&P 500
Stock Symbol: SPY
Market: NYSE
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