BXMX - EXG - Mediocre Performance Terrible Price
The covered call strategy is one of my favorite investment strategies and one which I personally use for both client and personal money.
Through a proper "covered call" strategy investors are able to both reduce the risk of holding an investment while at the same time monetizing that risk and getting paid for it!
I wrote about covered calls and covered call closed end fund in the article "If You Must, Please Use Protection." Subsequently, we discussed a number of closed end funds which have been well liked such as the Nuveen S&P