“The LifeX 2035 Term Income ETF (LDDR) brings the same approach into an ETF at a reasonable cost (an expense ratio of 0.25%, or 25 basis points), investing in treasuries, from 30-day issues to 10-year bonds, and has a fixed monthly income distributing roughly 11% to investors, through 2035.” – CNBC
We will dig deeper to see if the 11% is a mistake. – Editor