SPAXX stands for the Fidelity Government Money Market Fund, which offers a relatively high yield compared to other cash equivalent investments. But what exactly is the SPAXX yield and how does it stack up against alternatives? What is the SPAXX Yield? The SPAXX yield refers to the annual percentage yield (APY) of the Fidelity Government…
The Schwab Treasury Obligations Money Fund (SNOXX) has a 7-day yield of 5.18% as of today. This yield reflects the average 7-day income return without reinvestment over the past week. The 7-day yield provides a snapshot of SNOXX’s recent performance versus the 30-day yield, which covers a longer trailing monthly period. Since the 7-day yield…
Microsoft (NASDAQ: MSFT) stock has a “Strong Buy” consensus rating from analysts polled by FintechZoom. As of October 8, 2023, the stock is trading at USD 279.99 per share, giving Microsoft a market capitalization of USD 1.78 trillion. FintechZoom is optimistic about Microsoft’s long-term growth prospects and believes the stock remains a compelling investment despite…
Kintetsu World Express (KWE) is a major Japan-based logistics company providing services including air/ocean freight, warehousing, trucking, and customs brokerage. Listed on the Tokyo Stock Exchange under ticker 9375, KWE stock has faced headwinds recently. As of October 8, 2023, KWE stock trades at ¥1,000 per share, down significantly from highs of ¥1,500 earlier in…
Rithm Capital Corporation (RITM) is a real estate investment trust (REIT) focused on mortgage-related assets. With a trailing 12-month dividend yield of 9.93%, RITM offers an income stream that far exceeds the average S&P 500 dividend yield. However, the high payouts come with elevated investment risks. As a REIT investing in real estate mortgages, RITM…
The YieldMax TSLA Option Income Strategy ETF (TSLY) offers investors exposure to Tesla stock while pursuing a high dividend yield through covered call options. With a trailing 12-month dividend yield of 57.29%, TSLY far surpasses average market yields. TSLY pursues its dividend strategy through monthly distributions, an unconventional approach for ETFs. However, investors should understand…
SVOL ETF: Understanding the Lack of Dividend Payments The Simplify Volatility Premium ETF (SVOL) is a newer ETF that does not currently pay a dividend to investors. Despite its income and capital appreciation objectives, SVOL has yet to distribute a dividend. SVOL aims to generate returns through active management of volatility-linked derivatives like options, futures,…
With a dividend yield of 12.22%, the NEOS S&P 500 High Income ETF (SPYI) offers an attractive monthly income stream compared to broader market averages. However, the high dividend payouts come with added risks. As a covered call ETF, SPYI generates dividends by selling options contracts on its S&P 500 holdings. These premiums are distributed…
Bed Bath & Beyond (BBBY) stock experienced extreme volatility in 2022, skyrocketing over 100% in August then plunging back down in September. BBBY currently trades around $1 per share, far below its March 2021 high of $30. What’s behind the recent swings, and what should investors consider when evaluating BBBY stock? Driving Forces Behind the…
LYLT is the stock ticker for Loyalty Ventures, a provider of consumer loyalty programs such as AIR MILES. With the stock currently trading at $0.0859, analysts have bearish forecasts for LYLT’s outlook. As of October 7, 2023, LYLT stock is priced at $0.0859 per share on the Nasdaq exchange. Over the past 52 weeks, shares…
