2024-04-02 09:48:45 ET
Summary
- Pacer ETFs launched the Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF, aiming to provide 4x the dividend of the S&P 500.
- The fund offers a way for investors to increase dividend payouts without using leverage or capping upside.
- While it has outperformed the S&P 500 in terms of yield, it has lagged behind in total returns due to lower equity exposure.
- QDPL has an interesting tax status on its distributions, making it attractive over options-selling funds.
Introduction
In July 2021, Pacer ETFs launched the Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF ( QDPL ). Its aim to provide 4x the dividend of the S&P 500 while reducing equity exposure to 85+%....
Read the full article on Seeking Alpha
For further details see:
QDPL: S&P 500 With 4x Dividends, How Does It Stack Up?