Core Viewpoint - Dividend stocks are regaining favor in 2026 after three years of underperformance, with the WisdomTree U.S. Total Dividend ETF outperforming the S&P 500 by approximately 5% year to date [1] Dividend Yields and Strategies - Current dividend yields remain low, with the Vanguard S&P 500 ETF yielding about 1.1%, while high-yield stocks can offer yields in the 3% to 4% range [2] - Investors are exploring various strategies for higher yields, with four ETFs showing positive net inflows recently [2] ETF Summaries 1. JPMorgan Equity Premium Income ETF - The JPMorgan Equity Premium Income ETF (JEPI) gained significant popularity during the 2022 bear market, attracting billions as yields soared [3] - The fund has over $43 billion in assets and net new money of $2.3 billion in 2026, with a current yield of 7.6% [4] 2. JPMorgan Nasdaq Equity Premium Income ETF - The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) launched in 2022 and offers a current yield of 11.4%, benefiting from the tech bull market [7] - Its higher yield is due to the volatility of Nasdaq 100 stocks, and it may outperform the Invesco QQQ ETF in a sideways market [8] 3. Global X SuperDividend ETF - The Global X SuperDividend ETF (SDIV) focuses on the 100 highest-yielding equity securities globally, with a current yield of 7.3% [9][10] - The fund has seen 14 consecutive months of net inflows, including $60 million in March 2026, potentially marking the largest monthly inflow in 12 years [11] 4. VanEck BDC Income ETF - The VanEck BDC Income ETF (BIZD) invests in business development companies (BDCs) and has a yield of 9.6%, but carries risks associated with private credit [12][15] - The fund's major holdings include Ares Capital, Blue Owl Capital, and the Blackstone Secured Lending Fund, with Blue Owl recently facing issues related to investor capital [14]

Core Insights - B&D White Capital Company sold its entire position in the Goldman Sachs S&P 500 Premium Income ETF (GPIX) for approximately $8.6 million during the quarter ended September 30 [1][2][7] - The sale involved 172,332 shares, with GPIX shares closing at $52.73, reflecting a 7% increase over the past year [2][3] - The move indicates a broader trend of retreat from income-focused equity products, following a year of strong performance in covered-call strategies [7] ETF Overview - GPIX has assets under management (AUM) of $1.7 billion and offers an 8% dividend yield [4] - The ETF provides diversified exposure to S&P 500 equities and has a 1-year total return of 16% [4] - GPIX aims to deliver premium income by investing at least 80% of its assets in S&P 500 equity securities [9] Investment Strategy - The ETF's structure allows for steady monthly payouts through option premiums and dividends, appealing to income-focused institutional investors [6][8] - However, the mechanics of the fund may limit upside potential during bull markets [10] - The top holdings include significant positions in Amazon, Avantis US Equity ETF, and iShares Morningstar Growth ETF, indicating a shift towards core equity exposure [7][8]