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QYLD is an ETF that employs a covered call strategy on the Nasdaq index, giving away upside potential when the market rallies. The fund pays out monthly dividends with an 11% distribution yield ...
QYLD buys the stocks in the Nasdaq-100 and simultaneously writes covered calls on the index itself to generate income--which it pays out monthly. It's not perfect exposure to technology.
PNC Financial Services Group Inc. trimmed its holdings in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD – Free Report) by 2.1% in the fourth quarter, according to the company in ...
Global X Nasdaq 100 Covered Call ETF Increases Dividend The company also recently disclosed a dividend, which was paid on Monday, March 31st.