ETF Trends
09-09-2008, 03:10 PM
ETF Trends - Keeping a Grip on Exchange Traded Funds (ETFs)
http://www.etftrends.com/wp-content/uploads/2008/09/dividends_wideweb__430x368.jpgBelieve it or not, there are exchange traded notes (ETNs) that yield high dividends. Most don’t pay them at all, and if they do, they might be small.
However, there are a few that yield a little more.
There are four to choose from, and they are known by few investors and advisors:
Claymore CEF Index Linked Goldman Sachs Connect ETN (GCE (http://finance.yahoo.com/q?s=gce)), down 17.9% year-to-date
BearLinx Alerian MLP Select Index ETN (BSR (http://finance.yahoo.com/q?s=bsr)), down 11.3% year-to-date
Barlcays Asian And Gulf Currency Re-Valuation Note (PGD (http://finance.yahoo.com/q?s=pgd)), down 1% since July 8 inception
Barclays GEMS Index ETN (JEM (http://finance.yahoo.com/q?s=jem)), down 4% since April 4 inceptionGCE has past quarterly dividends paying out $1.66, 0.28 and 0.64. With a variable distribution rate, the basket consists of 75 discounted closed-end funds (CEFs), reports Chance Carson for About ETFs (http://aboutetfs.com/featured/yes-virginia-there-are-high-dividend-etns/).
BSR is an energy infrastructure play that presents a 1099 at the end of the year instead of a K-1.
PGD and JEM are both linked to the U.S. dollar, and they both distribute interest earned on the local currency in the form of a monthly dividend deposit. JEM has a 7% dividend payout and PGD has 1%.
The income of an ETN is added to the price of the security rather than being paid in cash, so holders don’t pay tax on that income until their ETN is sold or redeemed. If you’re careful, you’ll pay at the tax-favored long-term gains rate, says Allan Sloan for CNN Money (http://money.cnn.com/2007/11/25/news/companies/sloan_barclays.fortune/index.htm).
http://www.etftrends.com/wp-content/uploads/2008/09/z25.png
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/387869696/etns-that-pay-out-dividends-do-exist.html)
http://www.etftrends.com/wp-content/uploads/2008/09/dividends_wideweb__430x368.jpgBelieve it or not, there are exchange traded notes (ETNs) that yield high dividends. Most don’t pay them at all, and if they do, they might be small.
However, there are a few that yield a little more.
There are four to choose from, and they are known by few investors and advisors:
Claymore CEF Index Linked Goldman Sachs Connect ETN (GCE (http://finance.yahoo.com/q?s=gce)), down 17.9% year-to-date
BearLinx Alerian MLP Select Index ETN (BSR (http://finance.yahoo.com/q?s=bsr)), down 11.3% year-to-date
Barlcays Asian And Gulf Currency Re-Valuation Note (PGD (http://finance.yahoo.com/q?s=pgd)), down 1% since July 8 inception
Barclays GEMS Index ETN (JEM (http://finance.yahoo.com/q?s=jem)), down 4% since April 4 inceptionGCE has past quarterly dividends paying out $1.66, 0.28 and 0.64. With a variable distribution rate, the basket consists of 75 discounted closed-end funds (CEFs), reports Chance Carson for About ETFs (http://aboutetfs.com/featured/yes-virginia-there-are-high-dividend-etns/).
BSR is an energy infrastructure play that presents a 1099 at the end of the year instead of a K-1.
PGD and JEM are both linked to the U.S. dollar, and they both distribute interest earned on the local currency in the form of a monthly dividend deposit. JEM has a 7% dividend payout and PGD has 1%.
The income of an ETN is added to the price of the security rather than being paid in cash, so holders don’t pay tax on that income until their ETN is sold or redeemed. If you’re careful, you’ll pay at the tax-favored long-term gains rate, says Allan Sloan for CNN Money (http://money.cnn.com/2007/11/25/news/companies/sloan_barclays.fortune/index.htm).
http://www.etftrends.com/wp-content/uploads/2008/09/z25.png
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/387869696/etns-that-pay-out-dividends-do-exist.html)