For some investors, particularly those in the withdrawal phase of their investment journey, the primary goal isn’t necessarily to maximize total returns. Instead, they are often focused on generating steady, consistent monthly income to support their retirement plans.
To address this, a variety of exchange-traded funds, or ETFs, are available, each designed with a singular focus: to provide consistent, higher-than-average monthly income. These ETFs employ diverse strategies and invest in various assets, all geared toward achieving a steady income stream.
Here are seven of the best high-yield ETFs to buy in 2023 for income.
This post originally appeared at U.S. News & World Report.