FYI: (This is a follow-up article.)
Global X Funds on Tuesday launched two exchange-traded funds designed to deliver healthy income streams—one aims to produce a specific yield; the other a more flexible yield.
The Global X TargetIncome 5 ETF (TFIV) provides broad exposure to income-producing asset classes using a portfolio of ETFs and is built to achieve a 5 percent yield, net of fees. The Global X TargetIncome Plus 2 ETF (TFLT), which is also structured as a fund-of-funds, is designed to achieve the yield on the current 10-year U.S. Treasury note, plus 2 percent.
Regards,
Ted
https://www.fa-mag.com/news/global-x-etfs-target-yields-of-as-much-as-5-percent-40071.html?print
