On HYG, wondering about a

    Posted by cozz101 on 26th of Nov 2019 at 02:36 pm

    On HYG, wondering about a dividend capture strategy. I bought some yesterday since Matt reminded us of the chart on the newsletter. (so far so good) It pays over a 5% dividend and goes X-div about 1st of every month. If it trades (generally) alongside SPX, is this a viable strategy? It usually dips a bit after the 1st but, if in an uptrend, usually will resume fairly quickly from my observation.  


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