- BMO Monthly Income ETF (ZMI)
- iShares Diversified Monthly Income ETF (XTR)
- Hamilton Enhanced Multi-Sector Covered Call ETF (HDIV)
- Harvest Diversified Monthly Income ETF (HDIF)
Q: What are your favorite monthly income ETF's? Safety, decent distributions, and possible upside are priorities.
5i Research Answer:
XTR we think is a good 'general' monthly income, equity-based. HDIV is an enhanced fund that uses covered call to boost income. HDIF is also a diversified monthly fund using call options. ZMI is a mixed fund with both bonds and stocks. We would be comfortable with any of these.