Q: Subject: Follow-Up on Monthly Dividend ETF Recommendations

Hi 5i team,

Thank you for your thoughtful response to my question regarding safer monthly income alternatives to Whitecap Resources. I understand the appeal of Canadian ETFs, especially in registered accounts where avoiding the 15% U.S. withholding tax is beneficial.

That said, I was wondering are there any U.S.-listed ETFs that you would feel comfortable recommending which offer monthly dividends, strong diversification, and a yield comparable to or better than Whitecap’s, while maintaining a reasonable level of safety and consistency?

I’d be open to covered call or enhanced income strategies as long as the risk profile isn’t excessive. Would appreciate your perspective on whether there are any U.S. options worth considering despite the tax implication.

Thanks again,

Q: Hi folks
I am looking to park some US cash in a high dividend or interest US ETF that pays monthly. May I have a few ideas
Much thanks

Q: I have owned this fund for a number of years for the dividend - now over 13% paid monthly. But I am down over 40% on it. Not good math! It is in a registered account so no benefit of tax loss selling. Do you have a sense of whether it will recover as interest rates stabilize? Is there a risk of a dividend cut? I am not familiar with the companies in it. Now regret buying something I don't understand but it was a recommend on BNN.