NEW YORK (TheStreet) -- While low interest rates and volatile market conditions have pushed many investors into high-yield corporate debt ETFs like SPDR Barclays Capital High Yield Bond (JNK Quote) or inflation-fear funds like SPDR Gold Shares (GLD Quote), there is still a strong case to be made for a core investment in companies that have high dividends and offer income over time.
High yield can often go hand in hand with high risk, and this ETF is designed to screen dividend-paying companies before including them in the portfolio. The highest dividend-yielding stocks are often companies that have fallen hard and fast in the market, so it is important to have some type of selection process to weed out the more dangerous options. DVY tracks the Dow Jones Select Dividend Index, and does not include companies that have cut their dividends in the past five years or paid more than 60% of earnings in the form of dividends. REITs, which often pay high dividends but are extremely risky, are omitted altogether. Currently, DVY's top10 holdings include Lorillard (LO Quote), Eastman Chemical Company (EMN Quote), PPG Industries (PPG Quote), Kimberly-Clark (KMB Quote) and Eaton (ETN Quote). The most heavily weighted sectors in the portfolio are utilities, consumer goods, industrials and financials, with 23%, 20%, 19% and 12% allocations, respectively. The fund has a reasonable expense ratio of 0.40% and a relatively balanced portfolio, with less than 20% of total assets allocated to the top 10 holdings. Loading Comments... < Previous 1 2 Next >SHARE:
Featured Photo Galleries Go to Slideshow ArchiveConnect with TheStreet
Dow Jones S&P 500 NASDAQ 10-Year Note 9712.73 1036.18 2045.11 33.92 Oil * 75.12 DOWN -249.85 DOWN -29.93 DOWN -52.44 DOWN -1.09 10 Yr 3.39% SPDR Gold 102.5 -2.51% -2.81% -2.5% -3.11% Data delayed 20 minutes More From TheStreet Latest Headlines Top-rated Mutual Funds from TheStreet Ratings Jim Cramer Book Tour Top-rated ETFs from TheStreet Ratings Find returns with the Dividend Calendar Top Rated Stocks from TheStreet Ratings Twitter RSS Facebook YouTube adsonar_placementId=1341369;adsonar_pid=879768;adsonar_ps=-1;adsonar_zw=320;adsonar_zh=280;adsonar_jv='ads.adsonar.com'; Brokerage Partners YAHOO.util.Event.on(window,"load",function(){ setTimeout(function(){ TSCM.util.attachScript('scr_intellitxt','http://thestreet.us.intellitxt.com/intellitxt/front.asp?ipid=10685'); },1200); }); Sponsored Links Get your credit score in 2 easy steps for free. By Experian Consumer Direct var ads = [ { link:"http://FisherInvestments.click-url.com/INV/go/131834384/direct/01/", text:"How to plan for a secure retirement.", trk:null }, { link:"http://ad.doubleclick.net/clk;218383547;40631616;h", text:"Trade in your printer and get up to $50 from HP.", trk:null }, { link:"http://clk.atdmt.com/TNY/go/175928010/direct/01/", text:"Get up to $300* every time you fly Virgin Atlantic. Learn more.", trk:null }, { link:"http://ad.doubleclick.net/clk;186067846;4639705;x?http://ad.doubleclick.net/clk;185806793;24432847;u?http://www.hp.com/sbso/special/instantsavings.html?jumpid=ex_R295_link/kimipgsmb/2Q08LJ/OJ-BDM/printingimaging/instantsavings/TheStreet", text:"Save up to $500 off top-selling HP printers. Click here to save", trk:null }, { link:"http://ad.wsod.com/click/8bec9b10877d5d7fd7c0fb6e6a631357/83.45.img.TEXT/", text:"Free stock symbol lookup: Scottrade stock research", trk:'http://ad.wsod.com/embed/8bec9b10877d5d7fd7c0fb6e6a631357/83.45.tk.TEXT/' }, { link:"http://ad.wsod.com/click/8bec9b10877d5d7fd7c0fb6e6a631357/83.45.img.TEXT/", text:"Free stock symbol lookup: Scottrade stock research", trk:'http://ad.wsod.com/embed/8bec9b10877d5d7fd7c0fb6e6a631357/83.45.tk.TEXT/' }, { link:"http://clk.atdmt.com/DEN/go/171694938/direct/01/", text:"Get a guaranteed return. Lock in a great rate on a Citibank CD.", trk:'http://view.atdmt.com/DEN/view/171694938/direct/01/' }, { link:"http://ad.doubleclick.net/clk;218390104;41227940;w", text:"Plan with Merrill Lynch", trk:null }, { link:"http://ad.doubleclick.net/clk;219173989;41227940;r", text:"Pursue your goals with help from a Merrill Lynch Advisor", trk:null }, { link:"http://www.goldline.com/d/index.html?id=557&utm_source=thestreet.com&utm_medium=banner&utm_campaign=street-gold-delivered", text:"Goldline.com – A leader in gold investing since 1960.", trk:null }, { link:"http://ad.doubleclick.net/clk;218753205;41757528;l? http://www.optionsxpress.com/?cmpid=tlstreetros", text:"Trade Options, Stocks and Futures in One Account at optionsXpress", trk:null }, { link:"http://ad.doubleclick.net/clk;219059876;42243733;o?https://www.blackcard.com/app/japply/lp/26879.jsp?campaignid=0001130&obcreative=0000000&obadloc=006&obchannel=005&ibchannel=03&partnerid=1394&referrerid=STRBWN0004&sid=text", text:"The Visa Black Card. Enjoy 1% Cash Back or Travel. Apply Now!", trk:'http://ad.doubleclick.net/ad/N5928.1199.8344890806521/B3868511.4;sz=1x1' }, { link:"http://clk.atdmt.com/ANY/go/173953744/direct/01/", text:"Take advantage of new opportunities at ups.com/whiteboard", trk:'http://view.atdmt.com/ANY/view/173953744/direct/01/' }, { link:"http://ad.doubleclick.net/clk;217859701;36852981;v", text:"Invest with U.S. Trust", trk:null } ]; function __trackingpixel(url){ var ord = Math.floor(Math.random() * 100000000000); if(typeof url != "undefined") { if(url.indexOf('[timestamp]')!= -1) { url = url.replace("[timestamp]", ord); } return ""; } } var counter=-1; var limit = 3; function __write_textlink() { counter++; if(counter >= limit)return; var index = Math.floor(Math.random() * ads.length * 10 % ads.length); var it = ads.splice(index,1); var o = it[0]; document.write(''); document.write( o.text ); document.write( '' ); if(o.trk != null){ document.write(__trackingpixel(o.trk)); } if(ads.length > 0) { __write_textlink(); } else { } }; __write_textlink(); TheStreet Premium Services All Services Action Alerts PLUS Get free access to Cramer's portfolio picks at Action Alerts PLUS - Try it now Free RealMoney Jim Cramer's RealMoney team of 70+ Wall Street pros will give you wealth-building strategies - Get started Free RealMoney Silver Doug Kass + our 5 Premium Services - all in one place - Get a free 14-day trial today Stocks Under $10 David Peltier is ready to help you find affordable Stocks Under $10 which could lead to a big-money payoff - Get access to his portfolio FREE ETF Action Don Dion's brand new service can help investors at all levels build profitable ETF portfolios - Learn more View Directory Jim Cramer Doug Kass Ron Insana Breakout Stocks Options Alerts Stock Under $10 RealMoney Don Dion's ETF Action Hot Topics: Gold - Fast Money - Apple Tablet - Chevy Volt - Cramer's Picks - Windows 7 - Health Care - Mad Money - Earnings Resources About Us Advertise Corrections Customer Service Employment Investor Relations Make a Suggestion Privacy Policy Readers' Feedback Sitemap Video Sitemap Subscribe Terms of Use Financial News Archive Topic Archive TheStreet Premium Services Compare All Services Jim Cramer's Action Alerts PLUS: Now any level of investor can trade right alongside a Wall Street pro — and enjoy 24/7 access to his portfolio! Learn More Login NEW! Don Dion's ETF Action: A concise two-step strategy for learning and trading in this increasingly lucrative area of investing. For all levels of investors! Learn More Login RealMoney: Jim Cramer's team of 70+ investment pros offer a daily wealth of fast-breaking market news... analyses... red-hot opportunities...and wealth-building strategies. Learn More Login RealMoney Silver: The genius of Doug Kass + 5 Premium Services = an unrivaled group of expert fundamental analysts, technical analysts, and Wall Street observers. Learn More Login Breakout Stocks: Bryan Ashenberg combines sophisticated screening software with eagle-eye analysis to find small and mid-caps ready to break out! Learn More Login Market Movers Deep in the Money Calls Stocks Under $10 Top Gun Trader TheStreet Ratings Daily Swing Trade Top Stocks ETF Shark Alerts Options Alerts try { function DM_onSegsAvailable(segs, cust_id) { for(var i=0;i /** * appends an ad using an existing container as an 'anchor'... works as follows: * 1) DART ads render in containers off screen (ie. #boxAd) * 2) the actual ad (#boxAd) is removed from the DOM and appended to the placeholder (#boxAdContainer) * 3) we kill the absolute positioning on the actual ad (#boxAd) to make it visible * * NOTE: to add something to the lazy loader, add it in TSCM.ads.placeLazyLoadingAds below * * @param adId string the id of the actual ad container (where the DART tag lives) * @param placeholderId string the id of the placeholder element */ TSCM.ads.appendToPlaceholder = function(adId, placeholderId) { //bail out for invalid args or missing elements if( !YAHOO.lang.isString(adId) || !YAHOO.lang.isString(placeholderId) || !YAHOO.util.Dom.get(adId) || !YAHOO.util.Dom.get(placeholderId) ) { return; //die quietly and make room for more calls to this function }; var ad = YAHOO.util.Dom.get(adId); //store the actual ad DOM element ad.parentNode.removeChild(ad); //remove ad from the DOM YAHOO.util.Dom.get(placeholderId).appendChild(ad); //append the ad to the placeholder ad.style.position = "static"; //show the ad! }; /** * function wrapper that places all DART ads using TSCM.ads.appendToPlaceholder * if appendToPlaceholder can't find the elements specified, it just returns and is ready for the next call */ TSCM.ads.placeLazyLoadingAds = function() { // DART 1 (banner) TSCM.ads.appendToPlaceholder('ad728x90', 'bannerContainer'); // DART 1 (expander) TSCM.ads.appendToPlaceholder('expanderad', 'expanderbar'); //DART 2 TSCM.ads.appendToPlaceholder('customUnit', 'cauContainer'); //DART 3 TSCM.ads.appendToPlaceholder('boxAd', 'boxAdContainer'); //DART 4 TSCM.ads.appendToPlaceholder('secondBoxAd', 'secondBoxAdContainer'); }; YAHOO.util.Event.onDOMReady(TSCM.ads.placeLazyLoadingAds);After the Bell
Before the Bell
Booyah! Newsletter
ETF Weekly
Midday Bell
TSC Top Ten Stories Newsletter
University Newsletter
Winners & Losers
TheStreet Mobile Edition
Take Our Tour
Connect with TheStreet
Read Full Article »