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Posted by
Two Blokes Jul 6 -
Filed in
Stock
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6 views
ULTY offers extremely high yield via aggressive, actively managed covered call strategies, but carries significant risk and volatility due to its focus on high-beta stocks. While recent total returns have outpaced the S&P 500, this performance is highly dependent on management skill and is not consistently reliable. Its lifetime performance is still fairly poor. Most distributions are classified as return-of-capital, providing tax deferral benefits. However, this has become a norm and is no longer enough to stand out.
