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Global X SuperDividend ETFs highlight monthly income focus
The Global X SuperDividend ETF (SDIV) has paid monthly distributions for 11 years, with a 30-day SEC yield of 5.2% and a 0.58% total expense ratio.
Monthly dividend ETFs are drawing more investor attention as firms expand product lineups, with one key focus on how frequently distributions arrive and what investors should evaluate when building income portfolios. Benzinga highlights that monthly pay could support budgeting and retirement cash flow, especially for investors comparing fund price and expected returns against the underlying income stream.
Among the examples cited is the Global X SuperDividend ETF (NYSEARCA: SDIV), which has delivered monthly distributions for 11 years by investing in 100 high-paying dividend equities globally. The fund’s assets include exposure largely tied to U.S. and Brazil financial and real estate sectors, and it holds common stocks and real estate investment trusts.
Benzinga adds that SDIV began in June 2011 and has grown to about $765 million in net AUM. The article notes SDIV’s mid-September 2022 NAV was just over 21.67, while its 30-day SEC yield is listed at 5.2% and its 12-month trailing yield at 5.88%, along with a 0.58% total expense ratio.
The piece also describes how SDIV’s underlying selection process works, saying the index review occurs quarterly and is based on dividend cuts and dividend policy outlook, and it flags recent price behavior including a March 2020 low of $8.08 as the fund appears to be retesting that level.