Positive
Seeking Alpha
1 month ago
SPIN: The Overlooked 8% Yielding Covered Call ETF Income Investors Are Sleeping On
State Street's US Equity Premium Income ETF offers an 8% yield and has outperformed some popular covered calls in the past 6 months. SPIN employs an actively managed covered call strategy, holding U.S. large- and mid-cap equities and writing short-term call options to generate income. Technology, Financials, and Communication Services are the fund's largest sector exposures, with top holdings including NVDA, AMZN, MSFT, GOOGL, and AAPL.
