Income-Oriented ETF
What It Is:
An income-oriented ETF is an exchange-traded fund that pays frequent dividends or interest payments to investors in the ETF.
How It Works/Example:
An income-oriented ETF is made up of stocks that typically pay substantial monthly or quarterly dividends and, in some cases, bonds that make higher-than-average interest payments.
Why It Matters:
Income-oriented ETFs are a good choice for investors seeking a stream of income from a diversified set of i stocks and fixed-income securities.
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Cached on May 23, 2012, 7:24 pm