KNG’s 8.6 Percent Yield Comes From Selling Calls on Dividend Aristocrats, And It Has Lagged NOBL Since 2018
The pitch for the FT Vest S&P 500 Dividend Aristocrats Target Income ETF (NYSEARCA:KNG) lands cleanly in retirement conversations. You own 69 Dividend Aristocrats, the manager writes monthly call options against every…