Favorite High Yield ETF?
Anybody have a favorite or one they have happily owned for a few years?
I have been scrounging around, searching and found some interesting possibilities.
AMLP and JEPI are the two I am considering at present. AMLP is stated to be an index fund but has a 40% turnover? It has an expense ratio of 0.85% - which is much higher than I really want to have to go with an index fund - and comprises MLPs. The nice thing about it is it reports dividend income on a 1099. The three MLPs I currently own, all of which are significant holdings within AMLP, each send me a K-1 which my accountant needs to individually record on my 1040. It would be nice to hold a handful of MLPs and only have to deal with a single 1099.
JEPI is another matter. It is actively managed with an expense ratio of 0.35% which might be reasonable.
__________________
"No one is more hated than he who speaks the truth." Plato
“To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine
Last edited by manaboutown; 04-21-2024 at 01:00 PM.
|