Equity Overview
Price & Market Data
Price: $29.55
Daily Change: +$0.0797 / 0.27%
Daily Range: $29.38 - $29.92
Market Cap: $0
Daily Volume: 25,363
Performance Metrics
1 Week: 1.79%
1 Month: 0.17%
3 Months: 0.03%
6 Months: 2.10%
1 Year: 2.53%
YTD: 0.58%
Details
The fund seeks to achieve its investment objective by investing in equity securities of U.S. issuers based on the S&P 500 Index (the "index") while hedging overall market exposure by writing (selling) exchange traded call options based on the same securities. Under normal market conditions, it invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities based on the index.