Business & Economy · 36 views
A Fat 13% Yield From the Russell 2000? Meet the Covered-Call Fund Betting Against Big Tech
IWMI writes covered calls against the Russell 2000 to deliver a 13% yield, giving income investors a small-cap alternative to mega-cap tech funds.
AI Summary
The Russell 2000 index has seen a fund emerge that offers a 13% yield through a covered-call strategy. This fund focuses on the Russell 2000, which is comprised of smaller companies. The fund's strategy involves selling call options on the index, which generates income. This approach is often used by investors looking to profit from the volatility of the market. By selling call options, the fund is essentially betting against the performance of the Russell 2000. The fund's high yield is notable, especially when compared to other investment options.
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