BNDI: Bonds And Equity Spreads ETF, Above-Average 5.7% Yield, Great Track-Record

BNDI focuses on investment-grade bonds, with assorted equity option spreads meant to boost income. The fund's 5.7% dividend yield is quite a bit higher than its benchmark, leading to stronger long-term total returns. There could be small losses during significant, sharp equity drawdowns, but these are rare occurrences, and none have led to persistent losses in the past.