monthlyincome (40.62)

5 High Yield Monthly Dividend ETFs Beating The Market

October 25, 2011 – Comments (0) | RELATED TICKERS: GUT , RCS , UTG

If your investing strategy is to collect monthly dividends, then we have 5 monthly dividend ETFs with high yields and great 1-year price returns. Dividends is the latest trend as income investors have been seeking more high yield stocks and ETFs. The table below compares these 5 ETFs using fundamental stock data.

Here is a brief summary of the 5 high yield monthly dividend ETFs:

1) Gability Utility Trust (GUT) is trading at $7.16 which is a 29% premium to NAV. GUT has a high dividend yield of 8.38% investing in the utility sector.

2) PIMCO Strategic Global Goverment (RCS) is a global income ETF. It is trading at $11.39, a 26% premium to NAV. It has a dividend yield of 8.43%.

3) Reaves Utility Trust (UTG) is a utility fund trading at $25.25, a 7.5% premium to NAV. UTG has a high dividend yield of 5.9%. This is a very solid high yield ETF.

4) Helios Advantage Income (HAV) is trading at $7.75, a 8% discount to NAV. HAV has a dividend yield of 9.26% in the high yield taxable income sector.

5) JH Preferred Income (HPI) is an ETF focused on preferred stocks. It is trading at $21.30, a 5% premium to NAV. It has a dividend yield of 7.89%.

See the full chart comparing these 5 high dividend yield ETFs.