A Covered Call ETF Strategy Produces Big Yields
January 30, 2015 at 09:00 AM EST
A little unknown exchange traded fund that follows a covered call strategy has generated robust dividend yields over its first year. The Recon Capital NASDAQ-100 Covered Call ETF (NasdaqGM: QYLD), which began trading on December 12, 2013, has provided a distribution yield of 10.4% in 2014,...