|Bid||11.82 x 3100|
|Ask||11.94 x 3200|
|Day's Range||11.91 - 11.94|
|52 Week Range||11.48 - 11.99|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||2.02%|
|Beta (5Y Monthly)||0.32|
|Expense Ratio (net)||0.58%|
Exchange-traded funds offer an easy strategy for portfolio diversification, but high monthly dividend ETFs also generate steady income distributions desired by income-seeking investors, suggests Ned Piplovic, editor of DividendInvestor.
As markets price in expectations for one or two interest rate reductions by the Federal Reserve this year, income investors are poised to embrace high-yielding assets if the Fed makes good on lower rates. The Global X SuperIncome Preferred ETF (NYSE: SPFF) is up nearly 7% year to date, an admirable showing when accounting for SPFF's 30-day SEC yield of 5.9% and preferreds' tendency to usually be a slow-moving asset class. The $192.38 million SPFF tracks the S&P Enhanced Yield North American Preferred Stock Index and can be described as the yield hunter's preferred ETF.
NEW YORK , July 10, 2019 /PRNewswire/ -- Global X ETFs, the New York -based provider of exchange-traded funds (ETFs), today announced the inclusion of three additional ETFs to Schwab ETF OneSource, one ...