PICK: Downgrading Global Miners ETF On Surging Price And Valuation

Group 1 - The iShares MSCI Global Metals & Mining Producers ETF (BATS: PICK) has seen renewed interest due to rising inflation and increasing metal prices, reversing a previous trend of decreased attractiveness for miners and commodity producers [1] - The CEF/ETF Income Laboratory manages portfolios targeting safe and reliable yields of approximately 8%, focusing on high-yield opportunities in closed-end funds and exchange-traded funds [1] - The majority of holdings in the CEF/ETF Income Laboratory are monthly-payers, which facilitates faster compounding and provides steady income streams for investors [1]