|Bid||33.10 x 3200|
|Ask||33.50 x 1400|
|Day's Range||32.98 - 33.50|
|52 Week Range||20.79 - 39.98|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-16.37%|
|Beta (5Y Monthly)||1.07|
|Expense Ratio (net)||0.07%|
The Federal Reserve recently suggested that the U.S. economy will shrink by 6.5% - its worst annual performance since World War II. The Fed also expects unemployment to finish the year over 9%.Those are good reasons to develop a heightened interest in high-yield ETFs (exchange-traded funds). That's because the Fed's key interest rate likely will hover around 0% for the next 24 to 36 months, leaving investors starved for income, while Fed Chairman Jerome Powell uses every tool at his disposal to help restart the economy."(The outbreak) will weigh heavily on economic activity. (It) poses considerable risks to the economic outlook," Powell stated June 10. "We're not even thinking about raising rates. We're not even thinking about thinking about raising rates."That should make it all the more difficult to generate above-average income from equity and bond ETFs in the near to mid-term. Difficult ... but not impossible.Here are five high-yield ETFs delivering at least 4% in annual income that you can buy for the long-term. SEE ALSO: The 20 Best ETFs to Buy
Stocks struggled to cobble together a fifth straight day of gains as data showed new unemployment claims totaled another 1.877 million last week.
Investors look complacent about the market rally as they find the virus fears to be is overblown. If the situation takes a turn for the worse, it would be wise to bet on undervalued and low-beta ETFs.