MSFT - ETV: An Interesting Strategy To Generate Stability And Yield Although Valuation Is Slightly High

• It remains a very difficult environment for income investors today due to the frothy market and the Federal Reserve's low interest rate polices.
• ETV offers a very interesting options strategy to continue to generate an extremely high yield even today.
• The fund is very heavily allocated to the mega-cap technology stocks, which could prove to be a problem if and when the market ultimately corrects.
• The fund has generally offered a relatively stable share price and distribution, although it did fluctuate when the pandemic broke out.
• The fund trades at a slight premium but it might be worth paying for some investors.

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