Equity Overview
Price & Market Data
Price: $38.98
Daily Change: +$0.03 / 0.08%
Daily Range: $38.95 - $39.00
Market Cap: $0
Daily Volume: 826,011
Performance Metrics
1 Week: 0.80%
1 Month: 0.39%
3 Months: 1.94%
6 Months: -8.26%
1 Year: -2.53%
YTD: -6.97%
Details
The fund invests at least 80% of its total assets in the securities of the underlying index. The underlying index measures the performance of a hypothetical portfolio that employs a covered call strategy. A covered call strategy is generally considered to be an investment strategy in which an investor buys a security, and sells (or "writes") a call option on that security in an attempt to generate more income.