The fund is an actively managed exchange-traded fund ("ETF") that seeks current income. The fund"s strategy consists of two main components: firstly, investing in a range of sector-specific ETFs and, in some instances, individual securities; and secondly, implementing an "option wheel strategy." The option wheel strategy focuses on writing options on the fund"s holdings in these sector-based ETFs and individual securities. The fund is non-diversified.
Frequently asked questions
What is Peerless Option Income Wheel ETF (WEEL) current stock price?
As of the latest data, Peerless Option Income Wheel ETF stock price is $20.94, with a previous close of $20.64. Peerless Option Income Wheel ETF gained $0.30 in the last trading session, representing a 1.45% increase.
Does Peerless Option Income Wheel ETF (WEEL) pay dividends?
Yes. Peerless Option Income Wheel ETF pays quarterly dividends with an annualized yield of 12.18% and an estimated annual payout of $2.55 per share.