Also, PIMCO Foreign Currency Strategy ETF (NYSEArca: FORX) holds foreign currencies and bonds denominated in their respective local currencies that the managers anticipate will appreciate against a weaker U.S. dollar. Higher-yielding currencies relative to the U.S. dollar may also be attractive. [PIMCO to List Active Currency ETF on Tuesday]
“2013 is going to be a year of ‘currency wars’ as the central banks of most developed countries seem be competing with each other in devaluing their currencies,” Neena Mishra, ETF research director at Zacks Investment Research, said in the IBD article. “Muddle-through growth in the U.S. coupled with continued massive easing by the Fed will likely result in the weakening of the U.S. dollar.”
The Yorkville High Income Infrastructure MLP (NYSEArca: YMLI) includes master limited partnerships that engage in developing pipelines, storage and processing systems for the U.S. energy industry. The ETF is structured as a “C” corporation and will have to pay taxes on income. MLPs are also known for their above-average yields. [Yorkville Launches Infrastructure MLP ETF]
For more information on dividend funds, visit our dividend ETFs category.
Max Chen contributed to this article.