The investment seeks to provide current income as its primary investment objective and to provide capital appreciation as its secondary investment objective.
Under normal circumstances, the fund invests at least 80% of its total assets in dividend-paying U.S. exchange-traded equity securities ("Equity Securities") and will opportunistically utilize an "option strategy" consisting of writing (selling) U.S. exchange-traded covered call options on such Equity Securities. The fund is non-diversified.
Exchange Traded Fund
ETF
Stock Fund
Equity
Financial Regulation
Covered Call
Structured Product