ALTY News and Press, Global X SuperDividend Alternatives ETF From 03/31/23

2023-03-31 10:42:56 ET Summary A lot of ALTY is invested in buy-write strategies that work pretty well in higher volatility environments. Moreover, rates are likely approaching their peaks sooner rather than later, and therefore the longer duration exposures aren't as bad. The...

Summary iShares Morningstar Multi-Asset Income ETF is a multi-asset income exchange-traded fund. IYLD is a fund of funds, with about 60% in bond ETFs  and 40% in equity ETFs. It has lagged 3 other multi-asset income ETFs since 2015. Since inception, IYLD share price is down...

Summary MDIV invests in 5 categories of high-yield securities in equal weight. It has lagged 2 similar ETFs for 6 years but beats them in 2022. Since 2012, the share has lost about 24% in price and 26% in distribution. How to manage capital decay in high-yield securities. ...

Summary ALTY is an ETF diversified in five high-yield asset categories. Share price and income stream have shrunk by more than 20% since 2016. The new underlying index is a marginal improvement, but it doesn’t look attractive. How to manage capital decay in high yie...

Summary HIPS is a high-yield ETF with a portfolio diversified in CEFs, MLPs, mortgage REITs, and BDCs. The yield is very attractive, but price history shows a steep capital decay. The problem is structural: the 4 asset categories of its portfolio have the same issue. An al...

Summary ALTY gets the majority of its exposure in preferred shares, emerging market bonds and a REIT focused dividend ETF. Underlying instruments themselves have good yield to support the monthly distribution at almost 8%. The preferred shares are exposed to financials which w...

After 76 weeks and $7,600 allocated, the Dividend Harvesting portfolio is generating $542.41 in annual dividend income. The Dividend Harvesting portfolio has an 89.47% record of finishing the week in the black since its inception, 66/76 weeks. In week 76, I added to MO, ARCC, PDI,...

Multi-asset investing has grown dramatically in popularity during the last decade. This segment of the market has been relatively underserved by benchmark providers historically. Many multi-asset funds have operated without a formal benchmark or have relied on peer group approache...

In U.S. high yield bonds we find the riskiest of credits. I have some concerns about municipal bonds and am particularly concerned about municipal pension bonds. Our 'Borrower's Paradise' is also good news for many leveraged ETFs and closed-end funds. For further details see...

I have long described our current investing environment as a "Borrower's Paradise" and a "Fixed-Income Investor's Hell." The situation has not changed and continues along unabated. The reason for this is really just one thing, the Fed. The reason for their posture is also just really one thing...