The products target high monthly income through equity exposure and call option overlays.
Columbia Threadneedle Investments (Columbia Threadneedle), a Boston-based asset management company, has further expanded its product suite with the launch of two actively managed premium income exchange-traded funds (ETFs) on NYSE Arca. Both ETFs combine equity portfolios with actively managed options overlays The funds include the Columbia Research Enhanced Core Premium Income ETF (RECI) and Columbia High Dividend Premium Income ETF (CDPI), which seek high monthly income while maintai