Investors seeking reliable monthly income often turn to high-yield Exchange-Traded Funds (ETFs). Here are three ETFs that offer attractive yields and monthly dividend payments:
1. JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ: JEPQ)
JEPQ actively manages a portfolio of equity securities, primarily from the Nasdaq-100 Index, and uses options strategies to generate additional income. Key features include:
– Dividend Yield (TTM): 8.81%
– Annual Payout (TTM): $4.92
– Payout Frequency: Monthly
– Top Holdings: Apple Inc., Microsoft Corp., NVIDIA Corp.
2. Saba Closed-End Funds ETF (BATS: CEFS)
CEFS invests in closed-end funds, aiming to provide both capital appreciation and dividend income. Notable aspects include:
– Dividend Yield (TTM): 8.00%
– Annual Payout (TTM): $1.75
– Payout Frequency: Monthly
– Top Holdings: Various closed-end funds and Treasury futures
3. Global X Nasdaq 100® Covered Call & Growth ETF (NASDAQ: QYLG)
QYLG tracks the Cboe Nasdaq 100 Half BuyWrite V2 Index, employing a covered call strategy on the Nasdaq-100 Index. Key points:
– Dividend Yield (TTM): 5.28%
– Annual Payout (TTM): $1.71
– Payout Frequency: Monthly
– Top Holdings: Apple Inc., Microsoft Corp., NVIDIA Corp.
