GPIX ETF

GPIX increases returns by selling call options on its S&P 500 investments, providing a 7.90% annualized distribution yield. The fund carefully writes covered calls, which means it can still benefit from any gains on the part of the portfolio that isn't covered. By achieving an 8% distribution yield, the fund keeps a strong connection to the underlying stocks, which could lead to further capital growth.

The Nasdaq 100's performance over the last ten years is probably not going to happen again in the next decade. Covered Call ETFs provide a way to achieve better overall returns in a less active market. Mid-cap stocks are less exposed to regulatory and tax risks compared to large-cap stocks, have lower valuations, and may perform better.

GPIX outperforms other monthly S&P 500 covered call funds by up to 4%, maintaining an 8.5% distribution rate with superior total returns. The fund sells ATM-covered calls on 25%-75% of its portfolio, using SPY FLEX options for more stable performance and easier management. GPIX's strategy of adjusting notional values rather than moneyness captures more capital appreciation while maintaining a high yield.