that's not what i meant by high yield.How about the RBC Canadian Index fund?
YLO has EPS of $0.22 against an $0.80 annual dividend.i'm certainly aware of the risk of chasing yields.
but this will be a very small portion of my portfolio which is also why i'm looking for an etf and not building it on my own.
i don't like a high yield bond fund because of overvaluations right now even in the junk bonds.
if such etf does not exist, can someone post their top picks for high yield stocks?
I have 2 so far: YLO and STB
Source: http://www.tradingmarkets.com/news/stock-alert/stuxf_student-transportation-reports-annual-income-1189938.htmlDenis Gallagher, chairman and CEO of Student Transportation, said: "Our fiscal 2010 operating performance and financial results were the best in our company's 14-year history. The operating results for the year were extremely strong and validate the steady, predictable revenue and cash flow positions of the company. Revenues increased 17% and earnings before interest, taxes, depreciation, amortization and rent (EBITDAR) increased 25.6%.