3 High Yielding ETFs That Hit 52-Week Highs

ETF investors continue to search for yield, and these 3 hit the mark

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Guggenheim International Multi-Asset Income (HGI).

This exchange-traded tracker invests at least 90% in securities that constitute the Zacks International Multi-Asset Income Index. There are roughly 155 investments selected from a universe of global real estate trusts (REITs), American Depository Receipts (ADRs), master limited partnerships (MLPs), closed-end funds (CEFs), preferreds and royalty trusts. The 12-month yield of 4% is a highlight for those who have chosen to participate. However, the fund’s $30 million in assets under management and low trading volume could make it difficult for stop-limit order advocates to exit the position at a desired price point.

Guggenheim contends that HGI is geared to outperform the MSCI EAFE Index. Over the last 5 years, HGI has annualized at 13.15% whereas iShares MSCI EAFE (EFA) has compounded at 11.7% per year. Although that may sound like a venerable advantage, since HGI’s inception on 7/11/2007, both funds are even at 0%. Regardless, those that might prefer HGI should make up their own mind on the appropriateness of the comparison as well as the attractiveness of the annual cash flow.

HGI Versus EFA

Article printed from InvestorPlace Media, http://investorplace.com/2014/01/high-yielding-etfs-hgi-ymlp-bdcs/.

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