FGD - IDV: Nice Yield And Great International Diversification

2024-07-11 12:16:20 ET

Summary

• International investing and diversification away from large-cap Tech is recommended at this point in the cycle.
• Consider iShares International Select Dividend ETF for exposure to developed market equities with a 5.9% yield.
• IDV offers well-diversified sector allocation, geographic diversification, and access to large international companies with a history of paying dividends.

I'm a fan of international investing at this point in the cycle and diversification away from large-cap Tech, which does hugely dominate investor portfolios today. I'm also a big fan of a return to dividend investing, particularly because it does look like the Fed is done hiking rates (which means less competition for dividend-paying companies to deal with). If you're in the same camp, you may want to consider the iShares International Select Dividend ETF ( IDV ). This exchange-traded fund offers high-quality exposure to a host of developed market equities with a strong distribution. The current 30-Day SEC Yield stands at 5.9%, which is quite attractive for an equity play that largely hasn't gone as manic as, say, the S&P 500 or Nasdaq in the past year....

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