As Treasury yields remain near all time lows and bank products struggling to yield as much as 1%, investors often look to riskier products in search of higher yields. Corporate bonds sport modestly higher yields. That leaves a lot of people turning to much riskier equities for income.
The SuperDividend family of ETFs from Global X was created to appeal to investors looking for a high yield product. The Global X SuperDividend ETF (NYSEARCA:DIV) has been around since the beginning of 2014 tempting investors with yields as high as 6% and currently has a 30 day yield of over 7%. The fund has drawn nearly $300 million in total assets since its inception but some investors are now finding out the hard way that those high yields come with risks.
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