Great article, would you like to share it?
@koolgal:
$Global X Nasdaq 100 Covered Call ETF(QYLD)$ I love QYLD as it provides me with monthly dividends. The current dividend yield is 12.87%. QYLD does this really well by using a Covered Call Strategy in which the Fund buys the stocks in the Nasdaq 100 Index and "sells" corresponding call options on the same index. This is usually the domain of expert traders and big institutions. QYLD has been paying monthly dividends 11 years consecutively. Morningstar has awarded QYLD a 4 star overall rating out of 77 Derivative Income Funds. QYLD just went ex dividend on March 24 and the next one is due in April. Ka-ching! 🌈🌈🌈💰💰💰 @TigerClub @CaptainTiger @TigerStars @Tiger_comments @Daily_Discussion
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
1
Report
Login to post

No comments yet
