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  5. PAYL: Realizing that these 2 new etf have nominal assets at present would you recommend one over the other for income and why? [Global X Long-Term Government Bond Premium Yield ETF]
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Q: Realizing that these 2 new etf have nominal assets at present would you recommend one over the other for income and why? Thanx.
Asked by Steve on December 17, 2024
5i Research Answer:

The main difference is PAYL focuses on bonds with duration of 10 years+, whereas PAYM is 5 to 10 years. Considering the outlook for lower rates, and the positive leverage that longer bonds have to lower rates, we would prefer PAYL.