What are some good investment funds that pay monthly dividends?

The Global X SuperDividend ETF, Global X U.S. SuperDividend U.S. ETF, PowerShares S&P 500 High Dividend ETF and WisdomTree High-Yielding Equity Fund ETF are among the monthly dividend-paying funds suggested by Investopedia. These investments are well-suited to seniors and others dependent on regular, predictable cash distributions.

The Global X SuperDividend fund consists of equal weightings of 100 of the highest dividend-paying stocks in the world, with a focus on those that offer limited volatility, notes Investopedia. The Global X U.S. SuperDividend fund offers a similar selection but features only American stocks. The PowerShares S&P 500 High Dividend ETF offers an especially low annual expense of 0.30 percent, while the WisdomTree High-Yielding Equity Fund ETF includes heavily traded and diversified dividend companies.