Came across $BST today. 9% yield with a 1% expense ratio trading at a slight premium. Provides access to some big names while consistently paying a monthly dividend the last 8 years. Largest positions are:
Similar to $JEPI. They sell covered calls on the stocks they hold to get such a high yield. This works better in times of stock market downturns bc the options don’t get called.
@rpinvestments That makes sense given that the yield on the biggest positions ($MSFT and $AAPL) are <1%, $NVDA hardly pays a dividend, and so on. I would guess the fees they take are pretty high?