Friday, April 29, 2016

This CEF Provides Exposure To The Best High-Tech Names With 7.7% Yield - Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ:QQQX) | Seeking Alpha

This CEF Provides Exposure To The Best High-Tech Names With 7.7% Yield - Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ:QQQX) | Seeking Alpha



This is a very good article about a closed end fund which includes the growth of the Nasdaq along with a great dividend due to covered call writing.  The stock has beaten the S&P 500 in the past 5 and 10 year periods in total return.  The 7% quarterly dividend that is supported through call options can be a good return in a flat and volatile stock market.  I try to maintain around 50% of my portfolio in dividend paying stocks and bonds, and I will consider adding QQQX to my portfolio in the future.

No comments:

Post a Comment