How To Earn $500 Monthly Income With These Cash-Like Treasury ETFs
Portfolio Pulse from Piero Cingari
The article discusses the rising interest in cash-like funds and ETFs, particularly U.S. Treasury bonds, which are currently offering an annual yield of around 5%. This is the highest yield these securities have offered since June 2007. The article also provides a list of seven U.S. Treasury ETFs that can generate a consistent monthly income of $500.
October 09, 2023 | 4:40 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) is priced at $91.55, this ETF offers a 4.36% yield. To achieve $500 per month, an investor would need 1,270 shares, valued at $116,268.
The article mentions that BIL is offering a high yield, which could attract investors seeking steady income. This could potentially increase demand for the ETF, but it's uncertain how this will affect its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) is offering an indicative dividend yield of 4.58%. To generate $500 per month, an investor would need 1,177 shares, amounting to $116,676.
The article mentions that BILS is offering a high yield, which could attract investors seeking steady income. This could potentially increase demand for the ETF, but it's uncertain how this will affect its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) is priced at $99.82, it boasts a 4.20% yield. To generate $500 monthly, an investor would require 1,229 shares, totaling $122,678.
The article mentions that GBIL is offering a high yield, which could attract investors seeking steady income. This could potentially increase demand for the ETF, but it's uncertain how this will affect its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
iShares 0-3 Month Treasury Bond ETF (SGOV) is currently trading at $100.39, it yields 4.39%. To secure $500 monthly, an investor would require 1,214 shares, totaling $121,873.
The article mentions that SGOV is offering a high yield, which could attract investors seeking steady income. This could potentially increase demand for the ETF, but it's uncertain how this will affect its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
iShares Short Treasury Bond ETF (SHV) is trading at $110.16, it offers a 4.18% yield. To achieve $500 per month, an investor would need 1,076 shares, worth $118,532.
The article mentions that SHV is offering a high yield, which could attract investors seeking steady income. This could potentially increase demand for the ETF, but it's uncertain how this will affect its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
US Treasury 2 Year Note ETF (UTWO) is priced at $47.90, it boasts a 4.28% yield. To secure $500 monthly, an investor would require 2,578 shares, worth $123,486.
The article mentions that UTWO is offering a high yield, which could attract investors seeking steady income. This could potentially increase demand for the ETF, but it's uncertain how this will affect its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
BondBloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) is currently trading at $49.51, it yields 4.27%. To attain $500 per month, an investor would need 2,513 shares, amounting to $124,418.
The article mentions that XONE is offering a high yield, which could attract investors seeking steady income. This could potentially increase demand for the ETF, but it's uncertain how this will affect its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100