Monthly Dividend ETFs Investors Should Load Up On

Core Insights - The article discusses the growing popularity of exchange-traded funds (ETFs) and highlights specific funds suitable for income-focused investors, particularly retirees [1]. Group 1: JPMorgan Equity Premium Income ETF (JEPI) - The JPMorgan Equity Premium Income ETF offers a high yield of 8.25% and is actively managed with a two-step investment strategy [3][7]. - The fund employs a bottom-up fundamental research process to select stocks and uses an options overlay strategy to sell out-of-money call options on the S&P 500 index, generating premiums to maintain high yields [4][7]. - JEPI's top holdings include major companies such as Alphabet, Johnson & Johnson, and Apple, with significant allocations in information technology (15.8%), healthcare (12.3%), and industrials (11.7%) [5][6]. Group 2: Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) - The Invesco S&P 500 High Dividend Low Volatility ETF has a yield of 3.65% and focuses on low volatility stocks, avoiding technology stocks entirely [7][8]. - The fund selects the top 75 highest-yielding stocks and retains 50 with the lowest volatility over the past year, providing a stable investment option [8].