This ETF Has A 10.6% Dividend Yield
Portfolio Pulse from Mark Putrino
The Global X Russell 2000 Covered Call ETF (RYLD) offers a high dividend yield of over 10.5% by selling call options on small-cap stocks in the Russell 2000 Index. This strategy may limit price appreciation but enhances income for investors.
June 09, 2021 | 10:57 pm
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The Global X Russell 2000 Covered Call ETF (RYLD) provides a high dividend yield of over 10.5% by employing a covered call strategy on small-cap stocks in the Russell 2000 Index. This approach may limit price gains but boosts income.
The article highlights RYLD's high dividend yield, which is attractive to income-seeking investors in a low-rate environment. The covered call strategy limits price appreciation but enhances income, making it appealing for those prioritizing dividends.
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