Russell Investments has launched two exchange-traded funds focusing on high dividend yield investments in American companies. The funds, Russell High Dividend Yield ETF and Russell Small Cap High Dividend Yield ETF, are traded on the NYSE Arca and bet on companies that "demonstrate higher yields in order to deliver more predictable returns".

The high dividend yield ETF and the small cap high dividend yield ETF will track the market capitalization-weighted Russell U.S. Large Cap High Dividend Yield and Russell U.S. Small Cap High Dividend Yield Indexes, respectively.

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