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Posted by
Two Blokes Jul 27 -
Filed in
Stock
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3 views
LQDW offers a 17% yield via a covered call strategy on an investment-grade bond ETF. LQDW has underperformed its benchmark LQD and some peers, with a 35.9% capital erosion in less than three years. I expect LQDW to provide ongoing sub-par total returns and capital losses and announce a reverse split within a few years.
