Income investing continues to be a hot topic where investment strategists fiercely debate asset allocation strategies.
The goal is to generate an acceptable yield while maintaining a diversified approach that doesn’t severely overweigh any single asset class.
Fortunately, there are a variety of multi-asset income ETFs that make this task easier than ever.
The largest of the group is the Guggenheim Multi-Asset Income ETF (NYSE: CVY), which has over $1.2 billion invested in a diversified portfolio of 150 dividend paying stocks, REITs, MLPs, closed-end funds and preferred stocks.
The current 30-day SEC yield on CVY is 4.91 percent and dividends are paid quarterly to shareholders. A falling interest rate environment and stable equity prices ...
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