1 ETF I Wouldn't Touch With a 10-Foot Pole [Yahoo! Finance]
VanEck Video Gaming and eSports ETF (ESPO)
Company Research
Source: Yahoo! Finance
The income-focused investment approach of a retiree is different from the growth-chasing Wall Street exploits of your younger years. But there are some investments come with attractive features, but also carry enough red flags to warrant a "thanks, but no thanks." Today, I'm talking about one exchange-traded fund (ETF) in this category. I simply can't imagine putting real money in the VanEck BDC Income ETF (NYSEMKT: BIZD) The allure of high dividends Let's get one thing straight: The VanEck fund's dividend yield is impressive. At a whopping 10.4%, it's like the ETF is waving a giant "Free Money!" sign in the faces of income-focused investors. And the ETF has been pretty consistent with those payouts over the last couple of years. It's easy to see this ETF's appeal for anyone looking to generate a steady income stream. Consistent high dividends are a rare find, and the VanEck BDC Income ETF definitely delivers on that front. I mean, good luck finding a savings account with a 10
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