ETW: Call Writing Strategy With A Global Tilt

  • ETW offers a portfolio with a tilt of global exposure along with implementing a call-writing strategy, generating 'income' through premiums. The fund's discount to NAV and overall equity market correction make it an interesting choice to consider putting some capital to work in this fund. ETW's monthly distribution yield of 10.23% will require capital gains to fund, but that can come from the underlying portfolio investments and/or its option writing strategy.