DGRO: Dividend ETF For Investors Approaching Retirement

Core Insights - Investing in dividend growth companies is an effective long-term strategy for generating supplemental income, particularly appealing to retirees seeking dividend-focused investments [1] Group 1: Investment Strategy - A hybrid investment approach combining classic dividend growth stocks with Business Development Companies, REITs, and Closed End Funds can enhance investment income while achieving total returns comparable to traditional index funds [1] - The strategy aims to create a solid base of high-quality dividend stocks that provide significant bill-paying potential [1] Group 2: Performance Comparison - The total return from this hybrid investment strategy is reported to be on par with the S&P 500, indicating its effectiveness in balancing growth and income [1]