With Federal Reserve liftoff here and plenty of market observers saying for months higher interest rates were on the way, with the benefit of hindsight, 2015 looks like inauspicious timing for new dividend exchange traded funds to come to market.
That is particularly of those ETFs framed as high-yield plays chock full of rate-sensitive sectors and asset classes. So give the SPDR S&P 500 High Dividend ETF (NYSE: SPYD), which debuted in October, for debuting at a time that practically assured this rookie ETF would sailing some hard-to-navigate waters.
Dvidend ETFs with robust exposure to rate-sensitive, income-generating asset classes and sectors, such as real estate investment trusts and utilities, have been pinched by slack performances and stung by investor departures. Said differently, if it is true that the Fed has missed its ...
/www.benzinga.com/trading-ideas/long-ideas/15/12/6070225/what-the-new-year-could-bring-for-a-new-dividend-etf alt=What The New Year Could Bring For A New Dividend ETF>Full story available on Benzinga.com
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