Income investors looking for a steady stream of dividend payments may want to consider covered call ETFs. These funds offer the potential for income generation through the sale of call options on underlying holdings.
There are a number of covered call ETFs available today. For those looking for new ways to protect their retirement funds or simply seeking an income-generating strategy, we’ve compiled six of the best covered call ETFs on the market.
The Invesco S&P 500 BuyWrite ETF (PBP) is one of the most popular covered call ETFs on the market. It seeks to track the performance of the S&P 500 Index, while also generating income through the sale of options on the underlying stocks.