Zacks Launches Two ETFs Targeting 8% Annual Income

Zacks Investment Management has launched the Zacks Income ETF (ZINC) and Zacks Preferred Income ETF (PRIZ), its first ETFs dedicated to income-focused investing. ZINC combines dividend yield, valuation, earnings momentum, and quality factors to seek both income and capital appreciation, while PRIZ focuses on preferred securities and junior subordinated debt to generate tax-advantaged income. Both actively managed ETFs target an 8% annual distribution yield without using options-based strategies, relying instead on dividends, interest income, and return of capital supported by Zacks’ proprietary research and fundamental analysis process.