Description: The investment seeks to provide current income. The fund will pursue its objective by investing in large cap equity securities listed on U.S. exchanges and by utilizing an "option strategy" consisting of buying U.S. exchange-traded put options on the Standard & Poor's 500(c) Index (the "index") and writing (selling) U.S. exchange-traded covered call options on the index. The market value of the option strategy may be up to 20% of the fund's overall net asset value. The equity securities in which the fund will invest and the options which the fund will buy and write will be limited to U.S. exchange-traded securities and options. The fund is non-diversified.
Exchange: NASDAQ
Country: US : United States of America
Currency: US Dollar ($)
Category: Derivative Income
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 97.15 | 0.00 | 97.15 |
| Cash | 2.24 | 0.00 | 2.24 |
| Stock non-US | 2.96 | 2.36 | 0.60 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Technology | 42.85 | 28.79 |
| Communication Services | 13.63 | 8.71 |
| Consumer Cyclicals | 11.13 | 9.60 |
| Healthcare | 7.64 | 11.45 |
| Financial Services | 7.04 | 12.04 |
| Consumer Defensive | 5.20 | 7.85 |
| Industrials | 4.07 | 8.77 |
| Energy | 2.26 | 4.61 |
| Utilities | 2.15 | 3.26 |
| Basic Materials | 2.08 | 2.84 |
| Real Estate | 1.96 | 2.07 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 97.35 | 93.16 |
| Europe Developed | 0.76 | 3.28 |
| United Kingdom | 0.72 | 1.83 |
| Africa/Middle East | 0.72 | 0.01 |
| Asia Developed | 0.36 | 0.53 |
| Asia Emerging | 0.09 | 0.35 |
| Japan | 0.00 | 0.55 |
| Australasia | 0.00 | 0.12 |
| Latin America | 0.00 | 0.17 |
| Europe Emerging | 0.00 | 0.00 |