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Post by Admin/YBB on Jan 23, 2024 7:39:23 GMT -6
M* JR looks at the use of covered-calls vs ELNs (equity-linked notes) that affect these funds' 30-day SEC yields. So, he suggests looking at TRs, not distributions. He also suggests that a better description may be Derivative-Income funds (vs traditional dividend-oriented funds). Mentioned are JEPI, XYLD, FTHI; BMCIX, SCIUX, etc. www.morningstar.com/stocks/covered-call-stock-funds-are-popular-should-they-be
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