,” David Serchuk Reports From Forbes.
“John Osbon, the head of Osbon Capital Management, says that no matter what, the best portfolio defense is income, meaning dividends. “If we can’t have depreciation … let’s at least get paid while we wait,” he says. His current exchange-traded fund portfolio yields over 3%, close to the 10-year Treasury. He also likes ETFs because they are inexpensive to own. One example is the iShares S&P Global Utilities Sector ETF (JXI), which yields 4.6%,” Serchuk Writes.
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Take A look at the iShares S&P Global Utilities Sector ETF (JXI) below:
The investment (JXI) seeks results that correspond to the price and yield performance, before fees and expenses, of the S&P Global Utilities Sector Index. The fund uses a representative sampling strategy in seeking to track the index. The index is comprised of approximately 70 companies. These companies include providers of electric, gas or water utilities, or companies that operate as independent producers and/or distributors of power. The fund is nondiversified.
|TOP 10 HOLDINGS (JXI) ( 42.91% OF TOTAL ASSETS)|