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home / news releases / iga this 12 yielding global equity cef now pays mont

XLK - IGA: This 12% Yielding Global Equity CEF Now Pays Monthly

SPDR Select Sector Fund - Technology

2024-04-20 08:03:10 ET

Summary

  • S&P 500 has experienced a market correction as the index falls below 5000 for the first time since February 21.
  • Voya funds announce changes in distribution, with IDE seeing the largest increase of 31% followed by IGA at 29% increase.
  • IGA fund now offers a monthly income stream with a 12% annual yield, making it a strong buy for income-oriented investors.

“The intelligent investor is a realist who sells to optimists and buys from pessimists.” – Ben Graham

For further details see:

IGA: This 12% Yielding Global Equity CEF Now Pays Monthly
Stock Information
Company Name: SPDR Select Sector Fund - Technology
Stock Symbol: XLK
Market: NYSE
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