Just bought an etf to diversify and get dividends: The Guggenheim Multi-Asset Income ETF (CVY) September 30, 2016Posted by deminvest in dividend, etf.
Tags: cvy, Guggenheim Multi-Asset Income
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Guggenheim Multi-Asset Income ETF
Dividend Yield: 5.1%
Traditional stocks aren’t the only places to find a great dividends. Esoteric asset classes like real estate investment trusts, master limited partnerships or preferred stocks throw off plenty of yield. Yet, they can be difficult to value and purchase for many retail investors. The Guggenheim Multi-Asset Income ETF (CVY) makes adding these asset classes easy.
CVY tracks the Zacks Multi-Asset Income Index. That index is made up of a variety of these asset classes and includes the aforementioned REITs, MLPs and preferred stocks. But also adds in international ADRs, royalty trusts, business development companies, closed-end funds and high-yielding common stocks.