The Hunt For Yield Continues: Inside The High Income ETF (YYY)

ETF industry veteran and renowned author and speaker Christian Magoon is back on the product development front after dedicating several years to his consulting business, Magoon Capital. This time around, Christian Magoon is looking to make an even bigger splash in the ETF universe with the founding of YieldShares LLC, an ETF Sponsor focused on income-oriented products. Magoon recently took time to talk about his firm’s offering, which is aimed at quenching the yield appetite of income-starved investors; meet the High Income ETF [see 101 High Yielding ETFs For Every Dividend Investor]. ETF Database (ETFdb): What motivated you to return to the ETF product front and work on the YieldShares High Income ETF (YYY)? Christian Magoon (CM): Many investors face the daunting challenge of generating material investment income in today’s low interest rate environment. I wanted to make a significant difference in the portfolios and lives of income investors such as retirees. I [...] Click here to read the original article on ETFdb.com. Related Posts: June ETF Roundup: Launches, Filings And Closures Launch Frenzy: 7 New Funds Enter The Ring Will Legg Mason Jumpstart Actively-Managed ETFs? ETF Hall Of Shame: Nine Exchange-Traded Debacles Actively-Managed ETFs: A Gamechanger?