Q: Hello 5i Team,
Could you recommend a high yield ETF that pays it's distribution twice monthly that I can put on a DRIP?
Thank you,
Brent
Could you recommend a high yield ETF that pays it's distribution twice monthly that I can put on a DRIP?
Thank you,
Brent
5i Research Answer:
It is small, but HPYE suits the criteria in the question. HPYB also, but it is sector-specific (banks). These are near $20M in assets, and we would prefer $50M, but do expect them to grow. Harvest does support DRIPs.