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MarketBeat
MarketBeat
Business
Jessica Mitacek

This Gold ETF Turns a Non-Yielding Asset Into Monthly Income—But There’s a Catch

As gold trades more than 20% below its late-January intraday record, many of the macro conditions that fueled its multi-year rally remain in place. For investors who still see a long-term case for the precious metal, however, one drawback remains unchanged: gold itself doesn’t generate income.

Now, one exchange-traded fund (ETF) is looking to attract investors who may have avoided the asset due to its lack of yield.

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