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REPX - RYLD: 2 Alternatives To 12.3% Yielding Covered Call Fund
Riley Exploration Permian Inc Com
2024-07-13 06:16:09 ET
Summary
RYLD has dropped over the last 7 months.
Total return has done better, but the fund has only returned about 3.1% annually since inception.
We go over why and tell you how we are making income while dodging this one.
On our last coverage of Global X Russell 2000 Covered Call ETF ( RYLD ) we gave it a sell and told you why you should stay away. We are going to look at how things have moved along since then and tell you why the call was the right one, even though the fund has delivered these returns....