Equity Overview
Price & Market Data
Price: $32.09
Daily Change: +$0.21 / 0.65%
Daily Range: $31.88 - $32.13
Market Cap: $0
Daily Volume: 165,054
Performance Metrics
1 Week: 2.62%
1 Month: 0.60%
3 Months: -0.93%
6 Months: 2.66%
1 Year: 15.06%
YTD: -0.06%
Details
The adviser seeks to achieve the fund’s investment objective by investing primarily in equity securities and applying an option overlay known as a “put/spread collar” strategy. Under normal circumstances, it invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities, primarily by purchasing exchange-traded funds (“ETFs”) that seek to track the investment results of the S&P 500 Index. The fund typically invests at least 80% of the fund’s portfolio in underlying ETFs.