8% Yield On The Nasdaq, Pays Monthly

Pretty heady stuff, and great for capital appreciation. But what if you're an income investor, looking for a few bucks to live on each month? This company yields 7.9%, pays monthly. It invests in the Nasdaq 100 Index and uses an options collar to create income and reduce volatility. We compare its yield and performance to other asset-type funds and detail its holdings.

The Nationwide Risk-Managed Income ETF (NUSI) seeks current income with downside protection. The fund is an actively-managed ETF that seeks to achieve its investment objective principally by investing in a portfolio of the stocks included in the Nasdaq-100 Index and an options collar (i.e., a mix of written (sold) call options and long (bought) put options) on the Nasdaq-100. It is non-diversified.

Source: Seeking Alpha

Related Articles:

- Are Storm Clouds Gathering For These High-Yielding Securities?

- The Best Dividend Stocks In The World

- International Diversification May Be Closer than You Think

- Characteristics of Great Dividend Growth Stocks

- 4 Dividend Stocks With A 15% Yield In 15 Years