Income Obsession Sweeps Across Asset Classes as Stocks Swerve
- Dividend ETFs, fixed-income in demand amid equity volatility
- Fed pivot optimism fuels S&P 500 to best month since Nov 2020
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Behind the scenes of the latest rebound in stocks is a growing penchant for steady income streams as risk appetite runs hot and cold this year.
In the $6.6 trillion exchange-traded fund arena, three dividend-focused ETFs rank among the top 10 in terms of equity inflows, according to data compiled by Bloomberg. The leader, the $36.5 billion Schwab US Dividend Equity ETF (ticker SCHD), has only posted five outflows this year.