Amplify says the ETF will aim for annualised income of 10% or more through dividend and option premium sources.
Amplify ETFs announced that it has implemented enhancements to the Amplify Energy & Natural Resources Covered Call ETF, which continues to trade under the ticker NDIV on NYSE Arca. According to the announcement, the fund’s mandate incorporates a covered call strategy designed to expand its income- generating features. The fund’s mandate now incorporates a covered call strategy As stated in the release, NDIV seeks to balance high in