Every New York stock exchange trading day I'm posting a daily dividend stock or fund review. I'll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I've named the Safari to Sweet Success.

This week my Safari portfolio has an opening for a company in the financial services sector.

That sector includes nineteen industries all related to managing money. Industries include: asset management; banks either global or from any of seven regions, capital markets, credit services, financial exchanges, insurance in six specializations, savings banks, and specialty finance.

Today I'm reviewing a high-yield bond exchange-traded fund named AdvisorShares Peritus High Yield ETF, its trading ticker symbol is HYLD. 

HYLD seeks to provide a high, tangible current income stream that is distributed monthly.

The High Yield Bond category represents portfolios primarily invested in U.S. high-income debt securities.

I use three primary keys to measure dividend equities or funds like AdvisorShares Peritus High Yield ETF (HYLD): 

(1) Price

(2) Dividends

(3) Returns

HYLD Price

HYLD's price at yesterday's market close was $36.39 per share. Which is $6.39 over the $30 limit set for my Safari portfolio. The fund has provided income for investors but not price appreciation. A year ago its price was $36.40. Meaning it's down one cent in price in the past year.

HYLD Dividends

HYLD's most recent monthly distribution was $0.19 per share paid out January 31st.  

The annual dividend for 2018 is estimated at $2.68 per share payable monthly at a variable rate ranging from $0.19 to $0.23 per month.

The yield from that $2.68 annual distribution would be 7.4% at Monday's $36.39 price.

Gains For HYLD?

Taking the $2.63 estimated distribution as the total gain for the coming year, we then must subtract the cost to trade AdvisorShares Peritus High Yield ETF (HYLD) shares. 

A  $1,000.00 invested at yesterday's $36.39 price would have bought 27 shares. 

Those 27 shares will be hit with a broker fee of $5 at purchase and another $5 at sale for a per share cost of $0.37 per share

Subtracting that $0.37 brokerage cost from the estimated $2.63 gross leaves a net gain to 2019 of $2.25 X 27 shares = $56.25 or a 5.7% net gain on a $979.83 investment.

Therefore, AdvisorShares Peritus High Yield ETF (whose ticker symbol is HYLD), shows a possible 5.7% net distribution for the coming year to February 2019. 

If the price of the ETF declines it could wipe out the gains form the monthly distributions.

Too many numbers?

Look at it this way, HYLD has not lost money, is distributing money, and will likely distribute money next year at a 7.4% rate unless you sell the shares and the rate drops to 5.7% net.

These forward-looking numbers are conjecture based on past year performance. The actual results remain to be seen. They could turn out to prove to be far lower. More study is required for you to determine if AdvisorShares Peritus High Yield ETF (HYLD) is worth your time and money.