GLOBAL X S&P 500 COVERED CALL ETF CL E UNITSGLOBAL X S&P 500 COVERED CALL ETF CL E UNITSGLOBAL X S&P 500 COVERED CALL ETF CL E UNITS

GLOBAL X S&P 500 COVERED CALL ETF CL E UNITS

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Key stats


Assets under management (AUM)
‪279.39 M‬CAD
Fund flows (1Y)
‪54.05 M‬CAD
Dividend yield (indicated)
10.04%
Discount/Premium to NAV
−0.7%

About GLOBAL X S&P 500 COVERED CALL ETF CL E UNITS


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Expense ratio
0.99%
Home page
Inception date
Sep 13, 2011
Index tracked
No Underlying Index
Management style
Active
USCC provides exposure to US large-cap companies by holding shares of the Horizon US large cap Index ETF (HULC.U) and writing near-term call options against the S&P 500 Index. The funds objective is to generate monthly USD distributions in the form of dividends and/or call option income. The underlying stocks are the largest (in terms of market-cap) and most liquid companies listed on the NYSE or NASDAQ. In order to mitigate risks and generate income, the fund will generally write covered call options on 100% of the value of the portfolio and may vary based on market volatility and other factors. Prior to June 27, 2022 the fund traded under the name of Horizons Enhanced Income Equity ETF, using the ticker HEA.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of September 30, 2024
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF100.48%
Cash0.46%
Miscellaneous−0.94%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows