4 Diverse ETFs With Big Yields
Yield is a vital part of any long-term portfolio. It provides consistent income whether stock prices are rising or falling. It often provides a "floor" to stock prices, as investors swoop into a falling stock when the yield becomes attractive. It seems since the financial crisis, investors have come back to the realization they need both yield and growth. For this article, I have identified four high-yield exchange traded funds that invest in a broad array of asset classes. For the purpose of the article, I excluded fixed income and REIT ETF's. One of the ETF's, which is a fund of funds, has some holdings in fixed income assets.PowerShares CEF Income Composite Portfolio (PCEF)The PowerShares CEF Income Composite Portfolio seeks to track an index called the S-Network Composite Closed-End Fund Index. The index tracks the overall performance of a global universe of U.S.-listed closed-end funds. Barely one year... Read more