This market bounce is strangling the payouts on everybody’s favorite ETFs. But it’s also given us a sweet setup to grab another group of funds kicking out big dividends, to the tune of 9%+ yields. Even better, many of these funds—wallflowers to “popular-kid” ETFs—were left off the invite list for the 2023 market party. That means they’re (still) cheap today. I know a 9% payout has a lot of appeal to most folks, with Treasury yields now down to around 4%, not too far above inflation. And if your cash is stuck in an ETF, you’re getting a lame payout, well, almost all the time, but especially if you buy now: the SPDR S&P 500 ETF Trust (SPY) —which, as the name says, holds the entire S&P 500 index—yields a sorry 1.4% as I write this.… Read more