High-Yield Exchange-Traded Funds Are Attractive Additions to an Income Portfolio

Low fees and high yields make income-oriented exchange-traded funds attractive to income investors.The following seven income ETFs are down in price, so their yields are historically high.

Now may be a good opportunity to add these ETFs to your income portfolio.

High-Yield Exchange-Traded Funds
Fund & Web Site	Symbol	Yield	Annual Expense Ratio	Investments
Claymore/Zacks Yield Hog ETF	CVY	6.27%	0.60%	U.S. stocks, ADRs paying dividends, REITs, MLPs, CEFs and traditional preferred stocks. More
Claymore/BBD High Income Index ETF	LVL	8.22%	0.60%	U.S. stocks, ADRs paying dividends, REITs, MLPs, CEFs and traditional preferred stocks. More
iShares iBoxx $ Invest Grade Corporate Bond Fund	LQD	5.26%	0.15%	Investment grade corporate bonds. More
iShares S&P U.S.Preferred Stock Index Fund	PFF	6.30%	0.48%	Preferred stocks with a market capitalization over 100 million dollars. More
PowerShares Financial Preferred Portfolio	PGF	6.88%	0.70%	Preferred securities of financial institutions. More
PowerShares High Yield Corporate Bond Portfolio	PHB	7.82%	0.50%	High-yield corporate bonds. More
PowerShares Preferred Portfolio	PGX	7.15%	0.50%	Preferred securities. More
NOTE: Data are from ETF Web sites and ETFConnect as of May 3, 2008.

Related Articles:

Closed-End Dividend Stock Funds Offer Good Income At a Discount
Closed-End Funds
Exchange-Traded Funds (ETFs) Offer Diversification With Low Fees
Six Large High-Yield Closed-End Funds

Posted May 4, 2008.