Company overview
Understand the business
QYLD combines exposure to the Nasdaq-100 equity index with index call writing. It exchanges some participation in rising markets for option premium.
Primary earnings measures
Fund net investment income and realized investment results should be considered separately. Neither cash distributions nor SEC yield alone establishes forward earnings coverage.
How the company supports its distribution
Equity dividends and realized option results contribute to distributions. A payment can include gains or return of capital, and a high distribution percentage is not evidence of earnings coverage.