JEPI - GPIX: S&P 500 With Added Yield Late In The Cycle
2024-05-10 17:32:45 ET
Summary
- Goldman Sachs has launched the Goldman Sachs S&P 500 Core Premium Income ETF to meet the demand for income-generating funds using options strategies.
- The GPIX ETF uses a dynamic options overwrite strategy to generate income from options premiums on the S&P 500 Index.
- The fund offers the potential for income generation, participation in the S&P 500's growth, and expertise from Goldman Sachs Asset Management, but may cap upside potential during strong bull markets.
There's been a lot of demand lately for funds that generate income using options strategies to enhance yield. With demand comes products from both niche exchange-traded fund ("ETF") issuers and the largest of the large. Goldman Sachs, seeing this demand, recently launched the Goldman Sachs S&P 500 Core Premium Income ETF ( GPIX ). This fund is designed to cater to the needs of those who wish to participate in the upside potential of the S&P 500 (SP500) while generating income through a dynamic options strategy. But does it work, or is the options yield component more just a gimmick?...
GPIX: S&P 500 With Added Yield Late In The Cycle