Fund description
The Fund is designed to offer regular distributions through a strategy that seeks attractive total return with less volatility than the Nasdaq 100 Index by investing in a U.S. equity portfolio that seeks to substantially replicate the price movements of the Nasdaq 100 Index, as well as selling call options on 35%-75% of the notional value of the Fund's equity portfolio (with a 55% long-term target) in an effort to enhance the Fund's risk-adjusted returns. The strategy will consider the Fund's tax position and employ techniques to improve after-tax shareholder outcomes.
Important fund notice
Effective 30 May 2025, Nazar Suschko joined David Friar, Jim Campagna, Darren Tran and Nazar Romanyak as a portfolio manager of the Fund. This update did not impact the overall investment strategy.
**Distributions are currently estimated to include the following amounts from sources other than net investment income: {850CD19F-4EAF-488A-9858-81273BBD13E4_CEF-Distratepctcapitalgains}% capital gains and {EDDEA7E1-089F-4FE9-A6F0-BF01631CDB10_CEF-Distratepctretcapital}% return of capital.