4 Overlooked ETFs with Double-digit Yield: SLVO, REM, PSP, IXP

Though the broad U.S. equity markets have been hitting multiple highs, concerns have cropped up over its continued bullish run in the second half of the year. This is primarily due to expensive stock valuations, uneven global economic recovery, geopolitical tensions in Ukraine and Iraq,  and new threats from Portugal’s banking sector that are looming large across the globe.

In addition, economists reduced the growth outlook from 2.5% to 1.6% for this year, according to the recent survey by the National Association of Business Economics. Further, Treasury yields are declining since the start of the year despite the Fed tapering. In fact, yields on 10-year Treasuries have dropped from 3.00% at the start of the year to around 2.55% currently.

This has urged investors to look elsewhere in the ETF space for their current income. As such, they are showing great interest in products that pay outsized yields irrespective of the segments.  (more)

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