Reviewing Covered Calls & Equity Funds ETFs | Some Thoughts To Consider, Part I

Summary

• There are dozens of CEFs, ETFs, and mutual funds that employ covered call strategies - owning stocks or indexes and then selling call options against them to create income.

• Covered call funds have most the downside risk of stocks but the upside of bonds is what an old mentor once told me.  This is not necessarily true though.

• In reality, a covered …