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home / news releases / XYLD - BXMX: A 5.9% Yielding Vehicle For Rangebound Markets

XYLD - BXMX: A 5.9% Yielding Vehicle For Rangebound Markets

GLOBAL X FDS
  • 5.9% dividend yield from this equity "buy-write" CEF.
  • The fund has quarterly rather than monthly distributions.
  • If you feel the stock market will be rangebound, a covered call CEF is an appropriate vehicle to express that view.
  • BXMX has robust 3 and 5-year total returns with a very good Sharpe ratio.

For further details see:

BXMX: A 5.9% Yielding Vehicle For Rangebound Markets
Stock Information
Company Name: GLOBAL X FDS
Stock Symbol: XYLD
Market: NYSE
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