Pacer’s Dividend Multiplier ETF Cleverly Magnifies Yield To Pay Monthly Income

Quick Read Pacer Dividend Multiplier 400 (QDPL) uses S&P 500 dividend futures to amplify income. It switched to monthly distributions totaling $2.36 annually. QDPL’s largest holdings are NVIDIA, Apple and Microsoft at 17% of assets. These growth stocks pay minimal dividends. Investors rethink 'hands off' investing and decide to start making real money The Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) takes an unconventional approach to dividend income. Rather than relying ...