YieldShares High Income ETF (YYY) (2024)

FAQs

Is YYY a good investment? ›

The YieldShares High Income ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the stock.

YYY has a dividend yield of 12.38% and paid $1.44 per share in the past year. The dividend is paid every month and the last ex-dividend date was Mar 26, 2024.

YYY is a portfolio of 45 closed-end funds (CEFs) based on a rules based index. The ISE High Income Index selects CEFs ranked highest overall by ISE in the following factors: Yield, Discount to Net Asset Value (NAV), and Liquidity.

YYY's consistent dividend cuts are a negative for all investors, but particularly detrimental for long-term income investors, who receive less and less income through the years.

If you don't, then dollar-cost average into index funds.” Buffett has long advised most investors to use index funds to invest in the market, rather than trying to pick individual stocks. By picking individual stocks you're working against the pros who have extensive intelligence on companies.

How Long Do I Need to Own a Stock to Collect the Dividend? To collect a stock's dividend you must own the stock at least two days before the record date and hold the shares until the ex-date.

As long as you own shares of the stock before the ex-dividend date and on the record date, which is usually the day after the ex-dividend date when the company “records” its list of eligible shareholders, the dividend is distributed directly to your account on the payment date.

If you buy a stock one day before the ex-dividend, you will get the dividend. If you buy on the ex-dividend date or any day after, you won't get the dividend. Conversely, if you want to sell a stock and still get a dividend that has been declared, you need to hang onto it until the ex-dividend day.

The investment seeks investment results that generally correspond to the price and yield of the ISE High IncomeTM Index (the “index”). The fund will normally invest at least 80% of its net assets in securities of the index.

What is Charles Schwab funds? ›

Schwab Funds

Schwab Asset Management™ is an experienced market leader in index mutual fund. They can be a low-cost way to invest. management dedicated to keeping investor costs low. All funds have no load and no transaction fees. Schwab Funds^® have asset-weighted operating expense ratios that are below industry average ...

Target-date funds are popular because they simplify the process for participants, says Jean Young, senior research associate at Vanguard Investment Strategy Group. Target-date funds aim to alleviate the ongoing task of a successful investment strategy: rebalancing and optimizing asset allocations.

Experts agree that for most personal investors, a portfolio comprising 5 to 10 ETFs is perfect in terms of diversification.

WisdomTree U.S. Quality Dividend Growth ETF (DGRW)

One of the best run dividend ETFs in the world has the added advantage of paying monthly dividends. DGRW's focus on both quality and growth characteristics makes it ideally suited for most portfolios even though the dividend yield is on the lower end.

Return Outperformance: This fund has generated highest return amongst International funds in the last 10 Years. Chance: This fund has generated a 13.54% annual return in 70% of times for investors holding for at least 5 years. Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.

Target-date funds are popular because they simplify the process for participants, says Jean Young, senior research associate at Vanguard Investment Strategy Group. Target-date funds aim to alleviate the ongoing task of a successful investment strategy: rebalancing and optimizing asset allocations.

For people who aren't going to follow investment markets, learn how to invest, and take a hands-on approach to their retirement, target-date funds are helpful. They're even a smart move for people who are inclined to frequently change their fund allocation inside their 401(k).

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