What is Income-Oriented ETF?
An income-oriented ETF is an exchange-traded fund that pays frequent dividends or interest payments to investors in the ETF.
How Does Income-Oriented ETF Work?
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 Does Income-Oriented ETF Matter?
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.