PCY’s 6.1% Yield Just Got Safer as Fed Rate Cuts Ease Emerging Market Pressure

Invesco Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY) pays a monthly distribution that works out to roughly 6.1% annually, which exceeds the current 10-year Treasury yield of around 4.3%. But before treating it as reliable income, investors need to understand exactly where that yield comes from and what could threaten it. How PCY Generates Its Income... PCY's 6.1% Yield Just Got Safer as Fed Rate Cuts Ease Emerging Market Pressure