The Best High-Yield Dividend ETF to Invest $2,000 in Right Now
High-yield funds can be risky. In a perfect world, every ultra-generous dividend yield would be a direct result of strong businesses generating lots of excess cash profits. In the real world, they're more often related to low stock prices and businesses in deep financial trouble. As a result, high yields tend to be paired with disappointing price charts and modest total returns, at best.
What if I told you that one of the largest income-focused exchange-traded funds (ETFs) on the market today combines rich yields with impressive fund-price gains? The JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ: JEPQ) checks both of those shareholder-friendly boxes -- and many more.
The Premium Income ETF is a very young fund, launched in May 2022. You may also have skipped it in the massive sea of Income-generating ETFs because it's an actively managed fund. Passive index funds tend to come with lower annual fees, so it makes sense to start your fund-screening process with that criterion.
Source Fool.com
JPMorgan Chase & Co. Stock
The stock is one of the favorites of our community with 26 Buy predictions and 1 Sell predictions.
With a target price of 257 € there is a slightly positive potential of 11.98% for JPMorgan Chase & Co. compared to the current price of 229.5 €.
