The actively managed fund targets a 12% annual distribution rate, although distributions are not guaranteed and may include a return of capital.
Liquid Strategies has launched the Overlay Shares Nasdaq 100 Income ETF (OVQ), an actively managed fund combining Nasdaq-100 exposure with a put-spread options strategy designed to generate income. The ETF seeks to provide relatively stable monthly distributions and targets, but does not guarantee, an annual distribution rate of 12%. The firm cautioned that the distribution rate is not the fund’s yield or total return and that a significant portion of distributions may be a return