About the Index
Covered Call Equity grouping according to CEFdata.com. 90-day average trade dollar $ liquidity over $500K. Equal weight each fund for the index. The index constituents will be rebalanced each quarter.
Index Performance
Current($) | Previous Day(%) | 1 Week(%) | 1 Month(%) | 3 Month(%) | 6 Month(%) | 1 Year(%) | 3 Year(%) | 5 Year(%) | 10 Year(%) | MTD(%) | QTD(%) | YTD(%) | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Price | 2,172.85 | 0.04 | 1.69 | 1.76 | 3.54 | 10.29 | 27.66 | 5.68 | 10.14 | 9.13 | -0.43 | -0.43 | 17.56 | ||||||
NAV | 2,088.31 | 0.09 | 0.70 | 0.85 | 3.10 | 7.87 | 27.68 | 7.24 | 10.77 | 8.69 | -0.29 | -0.29 | 15.65 | ||||||
Difference | 0.06 | -0.99 | -0.91 | -0.44 | -2.42 | 0.02 | 1.57 | 0.63 | -0.43 | 0.14 | 0.14 | -1.91 | |||||||
* Periods greater than 1 Year are annualized. ** On Inception Date (12/30/16), Index Price was $1,000 and NAV was $1,000.00 |
2024 - Monthly Performance (%) | |||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2024 | |
Price | 1.51 | 3.78 | 1.71 | 7.14 | -2.67 | 4.02 | 3.73 | 5.01 | 12.52 | 1.26 | 1.40 | 2.20 | 4.93 | - | - | - | - | - | - |
NAV | 1.56 | 3.63 | 2.04 | 7.39 | -2.97 | 4.27 | 2.29 | 3.49 | 11.14 | 1.19 | 1.98 | 1.14 | 4.36 | - | - | - | - | - | - |
Difference | 0.05 | -0.15 | 0.33 | 0.25 | -0.30 | 0.25 | -1.44 | -1.52 | -1.38 | -0.08 | 0.58 | -1.06 | -0.57 | - | - | - | - | - | - |
2023 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2023 | |
Price | 7.30 | -1.51 | 0.29 | 5.99 | 0.81 | 0.03 | 4.87 | 5.75 | 12.08 | 2.58 | -2.24 | -4.87 | -4.60 | -4.66 | 10.20 | 2.15 | 7.33 | 2.38 | 14.76 |
NAV | 6.08 | -1.75 | 2.58 | 6.91 | 2.01 | 0.68 | 3.84 | 6.65 | 14.02 | 3.04 | -1.57 | -4.20 | -2.83 | -1.49 | 7.21 | 3.59 | 9.40 | 6.30 | 21.20 |
Difference | -1.22 | -0.24 | 2.28 | 0.92 | 1.20 | 0.66 | -1.03 | 0.90 | 1.93 | 0.46 | 0.67 | 0.68 | 1.77 | 3.17 | -2.99 | 1.44 | 2.08 | 3.92 | 6.44 |
2022 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2022 | |
Price | -5.54 | -3.01 | 2.87 | -5.75 | -7.16 | -0.21 | -8.22 | -14.97 | -19.86 | 10.99 | -1.96 | -12.42 | -4.70 | 10.65 | 3.31 | -6.00 | 7.45 | 2.40 | -17.94 |
NAV | -4.30 | -2.41 | 1.42 | -5.28 | -6.59 | -0.04 | -7.20 | -13.35 | -17.92 | 7.38 | -3.95 | -8.53 | -5.66 | 7.11 | 5.12 | -4.27 | 7.79 | 1.70 | -16.53 |
Difference | 1.24 | 0.60 | -1.44 | 0.47 | 0.57 | 0.17 | 1.02 | 1.63 | 1.94 | -3.61 | -1.99 | 3.89 | -0.96 | -3.54 | 1.82 | 1.73 | 0.34 | -0.71 | 1.41 |
2021 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2021 | |
Price | -0.97 | 3.81 | 5.05 | 7.99 | 5.47 | 2.34 | 2.20 | 10.30 | 19.12 | 0.63 | 2.26 | -4.29 | -1.51 | 5.57 | -1.21 | 3.19 | 7.63 | 6.01 | 26.27 |
NAV | -0.07 | 2.80 | 3.20 | 6.01 | 3.71 | 1.40 | 1.33 | 6.56 | 12.97 | 1.19 | 1.92 | -3.79 | -0.77 | 4.89 | -1.59 | 3.41 | 6.73 | 5.91 | 19.65 |
Difference | 0.90 | -1.01 | -1.85 | -1.98 | -1.75 | -0.93 | -0.87 | -3.74 | -6.15 | 0.56 | -0.34 | 0.50 | 0.74 | -0.69 | -0.39 | 0.21 | -0.90 | -0.09 | -6.62 |
2020 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2020 | |
Price | 0.00 | -11.46 | -15.15 | -24.87 | 11.41 | 4.15 | 1.70 | 18.00 | -11.34 | 3.71 | 4.68 | -4.23 | 3.96 | -3.16 | 14.54 | 5.06 | 16.54 | 21.16 | 7.42 |
NAV | -0.84 | -7.83 | -13.28 | -20.74 | 9.76 | 4.33 | 1.92 | 16.70 | -7.50 | 4.77 | 4.17 | -2.24 | 6.69 | -1.70 | 10.09 | 3.65 | 12.17 | 19.68 | 10.70 |
Difference | -0.84 | 3.63 | 1.86 | 4.13 | -1.65 | 0.18 | 0.22 | -1.30 | 3.84 | 1.06 | -0.50 | 1.99 | 2.73 | 1.46 | -4.45 | -1.41 | -4.36 | -1.47 | 3.29 |
2019 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2019 | |
Price | 10.81 | 3.12 | 1.18 | 15.62 | 2.83 | -5.77 | 6.61 | 3.31 | 19.44 | 2.26 | -2.40 | 1.46 | 1.26 | 2.84 | 2.63 | 2.06 | 7.72 | 9.08 | 30.28 |
NAV | 7.16 | 2.60 | 1.33 | 11.40 | 3.09 | -5.67 | 5.29 | 2.39 | 14.06 | 1.75 | -1.59 | 1.00 | 1.13 | 2.32 | 2.35 | 2.36 | 7.19 | 8.40 | 23.64 |
Difference | -3.65 | -0.52 | 0.14 | -4.22 | 0.26 | 0.10 | -1.32 | -0.92 | -5.38 | -0.51 | 0.81 | -0.46 | -0.13 | -0.51 | -0.29 | 0.30 | -0.53 | -0.67 | -6.64 |
2018 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2018 | |
Price | 2.15 | -2.26 | -1.55 | -1.72 | 3.06 | 3.31 | -0.70 | 5.72 | 3.91 | 2.23 | 2.06 | -0.31 | 4.02 | -9.53 | 2.03 | -10.55 | -17.43 | -14.12 | -10.76 |
NAV | 3.24 | -2.65 | -1.99 | -1.49 | 0.99 | 1.96 | -0.44 | 2.51 | 0.98 | 3.50 | 1.88 | 0.14 | 5.60 | -6.51 | 1.02 | -7.96 | -13.07 | -8.21 | -7.31 |
Difference | 1.09 | -0.38 | -0.43 | 0.23 | -2.07 | -1.35 | 0.26 | -3.21 | -2.92 | 1.27 | -0.18 | 0.45 | 1.58 | 3.02 | -1.01 | 2.59 | 4.36 | 5.91 | 3.45 |
2017 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2017 | |
Price | 4.18 | 2.42 | 0.76 | 7.52 | 3.56 | 1.91 | -0.27 | 5.26 | 13.17 | 3.01 | -0.56 | 2.42 | 4.91 | 2.12 | 0.66 | 1.98 | 4.83 | 9.98 | 24.46 |
NAV | 2.38 | 2.07 | 0.45 | 4.97 | 1.62 | 1.50 | 0.00 | 3.14 | 8.27 | 2.05 | 0.60 | 1.52 | 4.22 | 1.74 | 1.79 | 0.63 | 4.21 | 8.60 | 17.59 |
Difference | -1.80 | -0.35 | -0.31 | -2.55 | -1.95 | -0.41 | 0.27 | -2.11 | -4.90 | -0.96 | 1.15 | -0.90 | -0.69 | -0.38 | 1.13 | -1.36 | -0.62 | -1.37 | -6.88 |
2016 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2016 | |
Price | -6.80 | 0.36 | 6.70 | -0.20 | 1.00 | 1.90 | 0.66 | 3.60 | 3.39 | 3.53 | 1.38 | 0.73 | 5.73 | -1.85 | 1.04 | 0.69 | -0.14 | 5.58 | 9.16 |
NAV | -4.85 | -0.16 | 4.95 | -0.31 | 1.10 | 1.50 | -0.28 | 2.33 | 2.02 | 3.12 | 0.70 | 0.51 | 4.37 | -0.87 | 1.94 | 0.99 | 2.06 | 6.52 | 8.67 |
Difference | 1.95 | -0.53 | -1.75 | -0.11 | 0.10 | -0.40 | -0.93 | -1.26 | -1.37 | -0.41 | -0.68 | -0.22 | -1.36 | 0.97 | 0.91 | 0.30 | 2.20 | 0.94 | -0.49 |
2015 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2015 | |
Price | 0.46 | 4.91 | -0.68 | 4.67 | 1.31 | 0.83 | -2.05 | 0.06 | 4.73 | 0.22 | -5.38 | -3.93 | -8.90 | 7.50 | 0.88 | -0.45 | 7.96 | -1.66 | 3.00 |
NAV | -1.00 | 4.65 | -1.33 | 2.23 | 1.96 | 1.31 | -1.90 | 1.33 | 3.59 | 1.15 | -5.54 | -2.44 | -6.79 | 6.73 | 0.33 | -1.97 | 4.97 | -2.16 | 1.35 |
Difference | -1.46 | -0.25 | -0.65 | -2.44 | 0.65 | 0.48 | 0.15 | 1.27 | -1.14 | 0.93 | -0.15 | 1.49 | 2.11 | -0.77 | -0.55 | -1.52 | -2.98 | -0.50 | -1.64 |
2014 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2014 | |
Price | -0.55 | 4.21 | 0.67 | 4.33 | 2.20 | 3.26 | 1.46 | 7.08 | 11.72 | -1.05 | 3.15 | -2.69 | -0.68 | 0.42 | 0.91 | -4.01 | -2.73 | -3.39 | 7.92 |
NAV | -1.71 | 3.78 | 0.01 | 2.02 | 0.80 | 1.76 | 1.74 | 4.35 | 6.46 | -1.36 | 2.80 | -2.29 | -0.92 | -0.38 | 0.44 | -0.65 | -0.59 | -1.51 | 4.86 |
Difference | -1.15 | -0.44 | -0.66 | -2.32 | -1.41 | -1.50 | 0.28 | -2.72 | -5.26 | -0.31 | -0.35 | 0.40 | -0.24 | -0.80 | -0.47 | 3.36 | 2.14 | 1.89 | -3.07 |
2013 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2013 | |
Price | 6.49 | 0.52 | 2.22 | 9.43 | 1.26 | 0.56 | -2.29 | -0.50 | 8.88 | 2.80 | -2.07 | 1.04 | 1.72 | 4.58 | 0.45 | 1.35 | 6.46 | 8.30 | 17.91 |
NAV | 3.66 | -0.07 | 1.72 | 5.37 | 1.24 | 0.15 | -1.86 | -0.49 | 4.85 | 3.40 | -1.53 | 2.63 | 4.50 | 3.01 | 1.48 | 1.54 | 6.15 | 10.93 | 16.31 |
Difference | -2.83 | -0.59 | -0.51 | -4.06 | -0.03 | -0.41 | 0.43 | 0.01 | -4.03 | 0.60 | 0.54 | 1.59 | 2.78 | -1.57 | 1.03 | 0.20 | -0.31 | 2.63 | -1.60 |
2012 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2012 | |
Price | 7.56 | 3.92 | 0.64 | 12.49 | -0.05 | -5.46 | 3.17 | -2.51 | 9.66 | 2.20 | 2.15 | 2.72 | 7.23 | -1.54 | -1.18 | -0.41 | -3.10 | 3.91 | 13.95 |
NAV | 3.49 | 2.78 | 0.79 | 7.21 | 0.02 | -5.44 | 3.16 | -2.44 | 4.60 | 1.50 | 1.85 | 1.44 | 4.86 | -0.97 | 0.34 | 0.43 | -0.20 | 4.66 | 9.47 |
Difference | -4.07 | -1.14 | 0.15 | -5.28 | 0.07 | 0.02 | -0.01 | 0.08 | -5.06 | -0.70 | -0.29 | -1.28 | -2.37 | 0.57 | 1.52 | 0.84 | 2.90 | 0.75 | -4.48 |
Performance Chart
Discount
Characteristics
PORTFOLIO Weighted Average Data |
||||
---|---|---|---|---|
Discount -7.08% |
1Yr Disc -7.99% |
3Yr Disc -4.01% |
5Yr Disc -3.83% |
Rel Disc Range (3yr) 26.44% |
Mkt Yield 8.04% |
Lev Adj NAV Yield 7.46% |
After Tax Yield* 7.27% |
Est Tax Friction* 0.77% |
3Yr NAV Volatiliy 15.67 |
1 Yr RoC 48.61% |
3 Yr Dest RoC 10.08% |
Leverage 0.00% |
Non Lev Exp Ratio 1.01% |
Beta (2yr) 0.79 |
Equity Exposure 96.87% |
Bond Exposure 2.01% |
# Holdings 19 |
Cash Weighted Duration 0.00 |
|
Comp NAV TR 2.38% |
Comp Discount -0.35% |
Net Assets (M) 1,140 |
Liquidity - 90d (K) 2,438 |
|
* Based on marginal tax rates of 25% and long-term capital gains rates of 15%. |
Asset Allocation
Constituents
19 Funds
Ticker | Name | Sponsor | Allocation | Discount | Market Yield | RoC(1yr) | Leverage | Net Assets | Liquidity (90d) |
---|---|---|---|---|---|---|---|---|---|
BDJ | BR Enh Eq Div Tr | BlackRock | 5.28 | -7.79 | 7.81 | 17.46 | 0.00 | 1,700 | 4,503 |
BOE | BR Enh Glbl DivTr | BlackRock | 5.29 | -11.20 | 6.71 | 72.41 | 0.00 | 761 | 1,830 |
BST | BR Sci & Tech Tr | BlackRock | 5.23 | -5.92 | 8.55 | 19.43 | 0.00 | 1,295 | 5,090 |
BXMX | Nuv S&P 500 By-Wrt Inc Fd | Nuveen | 5.35 | -9.43 | 6.94 | 74.96 | 0.00 | 1,569 | 2,703 |
CII | BR Enh Cap & Incm Fd | BlackRock | 5.24 | -8.52 | 6.11 | 0.79 | 0.00 | 919 | 2,138 |
DIAX | Nuv Dow 30SM Dyn Owrt Fd | Nuveen | 5.36 | -11.98 | 7.76 | 71.02 | 0.00 | 610 | 1,165 |
EOI | EV Enh Eq Incm Fd | Eaton Vance | 5.22 | -0.70 | 8.03 | 6.22 | 0.00 | 813 | 1,803 |
EOS | EV Enh Eq Incm Fd II | Eaton Vance | 5.25 | -4.05 | 8.47 | 35.15 | 0.00 | 1,176 | 1,944 |
ETB | EV Tx-Mgd By-Wrt Incm Fd | Eaton Vance | 5.24 | -6.72 | 8.88 | 66.60 | 0.00 | 450 | 877 |
ETJ | EV Risk-Mgd Divr Eq Incm Fd | Eaton Vance | 5.29 | -4.76 | 8.48 | 53.10 | 0.00 | 651 | 1,347 |
ETV | EV Tx-Mgd By-Wrt Opp Fd | Eaton Vance | 5.25 | -5.25 | 8.69 | 75.26 | 0.00 | 1,689 | 2,768 |
ETW | EV Tx-Mgd Glbl By-Wrt Opp | Eaton Vance | 5.26 | -9.25 | 9.23 | 54.65 | 0.00 | 1,042 | 3,726 |
ETY | EV Tx-Mgd Divr Eq Incm Fd | Eaton Vance | 5.23 | -3.08 | 8.22 | 0.00 | 0.00 | 2,353 | 3,972 |
EXG | EV Tx-Mgd Glbl Divr Eq Incm | Eaton Vance | 5.18 | -9.62 | 9.22 | 66.81 | 0.00 | 2,897 | 4,686 |
IGA | Voya Glbl Adv & Prm Opp Fd | Voya | 5.19 | -8.89 | 10.93 | 53.03 | 0.00 | 157 | 547 |
NFJ | Virtus Div Int & Prm Stgy Fd | Virtus | 5.24 | -11.81 | 9.44 | 10.09 | 0.00 | 1,389 | 2,888 |
QQQX | Nuv Nasdaq 100 Dyn Owrt Fd | Nuveen | 5.39 | -9.62 | 6.67 | 69.19 | 0.00 | 1,360 | 2,690 |
SPXX | Nuv S&P 500 Dyn Owrt Fd | Nuveen | 5.31 | -7.90 | 7.10 | 78.17 | 0.00 | 323 | 631 |
STK | ClmbSlgmn Prm Tech Gwth Fd | Columbia Mngmt | 5.22 | 2.29 | 5.60 | 0.00 | 0.00 | 535 | 1,067 |