GlobalTrekker

CEF Weekly Review: Wall of Worry

For the ETW distribution yield, I think it would be most useful to track the actual income of the fund. That, combined with its annual return, would give the best idea of true yield. For the buy/writes, even the return of capital is a confusing measure.

Three Most Impressive ETFs over Past Month

A little bit worrisome that a registered investment advisory would recommend a fund (ETW) based on its dividend without noting the huge percentage of the yield that is return of capital. This fund has underperformed the S&P since its inception a few years ago, so I'd take this advice under "advisement." Best to understand, first, what the dividends are comprised of, and second, what the ROC is comprised of.