Description: Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in dividend paying common stocks. As part of its strategy, the fund, in order to generate additional portfolio income, will selectively write (i.e., sell) covered call options, on a target range of between 25-40% of the underlying equity securities owned by the fund (although the fundamental "value" features of the fund"s approach to portfolio security selection stated above take precedence over option writing potential in that process).
Exchange: NYSE ARCA
Country: US : United States of America
Currency: US Dollar ($)
Category: Derivative Income
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 94.99 | 0.00 | 94.99 |
| Stock non-US | 4.25 | 0.18 | 4.07 |
| Cash | 0.94 | 0.00 | 0.94 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Consumer Defensive | 15.78 | 7.85 |
| Healthcare | 13.95 | 11.45 |
| Financial Services | 13.84 | 12.04 |
| Energy | 10.75 | 4.61 |
| Industrials | 8.98 | 8.77 |
| Communication Services | 8.72 | 8.71 |
| Technology | 7.55 | 28.79 |
| Utilities | 7.26 | 3.26 |
| Real Estate | 6.84 | 2.07 |
| Basic Materials | 4.48 | 2.84 |
| Consumer Cyclicals | 1.84 | 9.60 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 98.01 | 93.16 |
| United Kingdom | 1.99 | 1.83 |
| Japan | 0.00 | 0.55 |
| Australasia | 0.00 | 0.12 |
| Asia Emerging | 0.00 | 0.35 |
| Latin America | 0.00 | 0.17 |
| Asia Developed | 0.00 | 0.53 |
| Europe Emerging | 0.00 | 0.00 |
| Europe Developed | 0.00 | 3.28 |
| Africa/Middle East | 0.00 | 0.01 |