The Newest Income ETFs ‘Target’ Fixed Payouts of 12 to 20 Percent a Year. Here’s How That Actually Works
A new crop of exchange-traded funds markets monthly checks totaling 12% to 20% a year on large-cap equity portfolios. Three newer names in the category, the Defiance S&P 500 Target 20 Income ETF (NYSEARCA:SPYT), the Defiance Large Cap Target Income ETF …