The stock market has roared back to life in 2023 and has largely outperformed expectations. Investors have begun to pour back into the stock market in search of bargains. However, despite high returns in growth stocks, investors are still highly interested in seeking lower-risk securities. A typical way to go about doing that is to invest in high-yield exchange-traded funds (ETFs).
Despite high returns in growth stocks, investors are still highly interested in seeking high yields among lower-risk securities. For those income investors in search of high yields, below is a list of three stocks that these high-yield ETFs are betting on: Altria Group (NYSE:MO): The company has maintained an 8.7% dividend yield and is the darling of many high-yield ETFs, Blackstone Secured Lending Fund (NYSE:BXSL): This business development company maintains a 10.1% dividend by issuing secured loans to stable companies around the U.S. and Petrobras (NYSE:PBR): The oil and natural gas behemoth from Brazil is both profitable and undervalued.
Source: InvestorPlace
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3 Stocks That High-Yield ETFs Are Betting On
Posted by D4L | Tuesday, June 27, 2023 | ArticleLinks | 0 comments »________________________________________________________________
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