This AI-Focused ETF Has a Jaw-Dropping 45% Dividend Yield. Is There a Catch?
This ETF aims to capitalize on the volatility of semiconductor stocks.
This AI-Focused ETF Has a Jaw-Dropping 45% Dividend Yield. Is There a Catch?
Overview
Last year, options-focused exchange-traded fund (ETF) manager YieldMax launched the YieldMax Semiconductor Portfolio Option Income ETF (NYSEMKT: CHPY). This actively managed fund aims to provide capital appreciation through a focused portfolio of semiconductor stocks and generate current income. With a cumulative return of more than 150% since its inception and a jaw-dropping current distribution yield of more than 45%, the fund has certainly delivered on those objectives.
Here's a closer look at this ETF's investment strategy and whether it can continue to deliver its monster yield.
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Originally published at www.fool.com.
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