Should You Buy This ETF With a Jaw-Dropping 16% Yield?
Income investors have multiple ways to make money. They can buy dividend stocks or bonds. Closed-end funds often generate attractive Income. And then there are exchange-traded funds (ETFs).
Many ETFs might not look all that exciting to income investors. There's one, though, that will almost certainly cause them to do a double-take. The iShares High Yield Corporate Bond Buy-Write Strategy ETF (NYSEMKT: HYGW) currently pays a jaw-dropping yield of more than 16%. But should you buy it now?
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Source Fool.com
