Vanguard High-Yield Active ETF offers a 6.20% yield with monthly dividends. The fund holds 233 junk bonds, with 45.58% in BB rated and 35.58% in B rated securities, carrying higher credit and interest rate risk. Consider this option for steady passive income and high risk-return ratio, but beware of potential interest rate risks.

This actively managed fund invests in below investment-grade bonds, aiming to outperform the high-yield market. The Vanguard high-yield active ETF has a 6.20% yield, an expense ratio of 0.22%, and monthly dividends. With assets worth $80 million, it offers high diversification and a variety of bond ratings, maturities, and sectors.

Vanguard High-Yield Active ETF, with a yield of 6.20%, holds 233 bonds with an average duration of 2.9 years. It offers high diversification with 45.58% in BB rated bonds, 35.58% in B rated bonds, and 10.98% in U.S. government bonds. The fund recently announced a monthly dividend of $0.3254 and is ideal for investors seeking steady passive income.

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Read more at Yahoo Finance: VYM Is Great, But Vanguard’s Other High Yield ETF Pays Twice As Much