With 31 ETFs traded on the U.S. markets, Income ETFs have total assets under management of $4.27B. The average expense ratio is 1.36%. Income ETFs can be found in the following asset classes:
The largest Income ETF is the Strategy Shares NASDAQ 7 HANDL Index ETF HNDL with $1.42B in assets. In the last trailing year, the best-performing Income ETF was MDIV at 2.03%. The most recent ETF launched in the Income space was the Akros Monthly Payout ETF MPAY on 05/06/22.
The issuer has filed for ETFs that would apply a covered call strategy to the fixed income space.
The issuer’s chief investment officer talks about the objectives of its preferred stock ETF.
There were also some expense ratio changes and share splits.
Plus, a number of ETF changes took place during the week.
Plus, a look at other ETF launches, closures and changes.
The week ended Jan. 28 was marked by innovative launches and a trio of fund closures.
Even within the same dividend style, ETF returns can be quite different.
The active fund takes a broad preferred stock approach.
The new fund looks to invest in other ETFs and provide an annual distribution of 5%.