Bringing you live news and features since 2006 

Sound Income Strategies launches actively-managed income ETFs for retirees and those saving for retirement


Sound Income Strategies, a Registered Investment Advisory firm specialising in the active management of income-generating portfolios, specifically for retirees and those planning for retirement, has launched two actively managed, income Exchange-Traded Funds (ETFs) on the New York Stock Exchange (NYSE). The Sound Equity Income ETF (SDEI) and Sound Enhanced Fixed Income ETF (SDEF) seek to generate income at a time when rates are at ultra-low levels and Baby Boomers are unprepared for retirement. With these ETFs, Sound Income Strategies’ income-generating insights provided to their clients over the past 20 years are now more broadly available. 

“When it comes to planning and saving for retirement, it’s all about investing for income. The new ETFs were created specifically for retirees and those approaching retirement who need income from their investments,” says David J Scranton, CFA, Founder, Sound Income Strategies. “As long-time specialists in income-generating savings and investment strategies, we focus on maximising the value of investors’ income portfolios and help them build retirement plans that seek to deliver dependable income first and foremost, with growth potential as a secondary consideration.”

The Sound Equity Income ETF is actively managed, and its primary objective is to generate current income via a dividend yield that is targeted to be at least two times that of the S&P 500 Index. SDEI’s secondary objective is to capture long-term capital appreciation. SDEI seeks to achieve its investment objectives by investing in common stock issued by dividend-paying, mid- and large-capitalisation companies.

The Sound Enhanced Fixed Income ETF is an actively managed ETF that seeks current income while providing the opportunity for capital appreciation by investing in fixed income securities. The ETF invests in a combination of investment grade and below investment grade (often referred to as “high yield” or “junk” bonds) debt securities. Typically, the ETF will have an approximate equal weighting of investment grade and high yield debt securities; however, the portfolio weighting will be adjusted from time to time based on the sub-adviser’s assessment.

Sound Income Strategies uses a fundamental, “bottom-up” approach to analysing individual debt securities, which typically include US and foreign corporate bonds; securities issued by governments and their agencies, instrumentalities, or sponsored corporations, including supranational organisations; preferred securities; and ETFs that invest in bonds, sovereign debt, and private placement debt securities. The ETF may also invest in shares of business development companies (BDCs) and real estate investment trusts (REITs).

David Scranton partnered with the team at Tidal ETF Services to bring the Sound ETFs to market.

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by