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TappAlpha SPY Growth & Daily Income ETF
TSPY (TappAlpha SPY Growth & Daily Income ETF) is an active US Dividend Equity ETF by TappAlpha. With a 0.71% MER, it provides diversified exposure through 2 holdings. Monthly distribution with a 12.44% yield.
TSPY is actively managed by TappAlpha's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.71% MER, its fees are in line with category averages. It pays a monthly distribution with a 12.44% yield, making it attractive for income-seeking investors.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.