13.8% Income from This Private Equity Powerhouse

13.8% Income from This Private Equity Powerhouse (DividendChannel)

Private equity companies — those whose shares are not offered on the public exchanges — are a vital part of the United States’ economic revival. Often, these are companies that experience enormous growth, perhaps going public later, and can drive create vast profits for investors. Unfortunately, opportunities to invest in them for most of us are few and far between. That’s why an exchange-traded fund (ETF) like PowerShares Global Listed Private Equities (PSP), which tracks anywhere from 40-75 private equity companies, can be an excellent way to gain exposure to that world. And when it pays a bulging 13.79 percent yield on top of any appreciation it earns, that makes a compelling case for investors to maintain a little privacy… in their portfolios.