It’s becoming more challenging to find quality investments with high yields. In the past year, 5-year U.S. Treasury note yield has dropped by one percentage point to 3.85%. At the same time, even the average S&P 500 dividend yield has fallen from 1.64% in October 2023 to 1.26% as of Oct. 15.
With further interest rate cuts expected from the Federal Reserve over the next 6-12 months, the pickings will get even slimmer. As a result, let someone else do the work for you.
High-yield ETFs can be an excellent way to increase your portfolio’s income without sacrificing quality. You just need to know where to look.
This post originally appeared at 24/7 Wall St.