MLPD seeks to generate income through covered call writing, which historically produces higher yields in periods of volatility.1
MLPD expects to make distributions on a monthly basis.
MLPD writes call options on the Global X MLP & Energy Infrastructure ETF (MLPX), saving investors the time and potential expense of doing so individually.
1Covered call writing can limit the upside potential of the underlying security
Key Information |
Trading Details |
Distributions |
Taxes |
NAV | Daily Change | |||
Market Price | Daily Change |
Fund NAV | Market Price | Index | |
---|---|---|---|
Options Details |
Net Assets (%) | Ticker | Name | SEDOL | Shares Held | Market Value |
---|---|---|---|---|---|
Exposure |
ETF Characteristics |
ETF Risk Stats |
Option Positions | Notional Exposure | Strike | Upside Before Cap | Expiration Date | Calendar Days to Expiry |
---|---|---|---|---|---|
Short Global X MLP & Energy Infrastructure ETF Call Option | -$10,233,465 | 60 | 0.08% | May 16 2025 | 23 |
NAV | $23.84 | Daily Change | $0.01 | 0.04% |
Market Price | $23.90 | Daily Change | $0.14 | 0.59% |
Return on Equity | 15.80% | |
Weighted Avg. Market Cap | 45,548 M | |
2024 | 2025 | |
Price-to-earnings | 18.61 | 17.19 |
Price-to-book value | 2.79 | 2.66 |
As of recent month & quarter-end (Mar 31 2025) | Fund NAV | Market Price | Index |
---|---|---|---|
Year-to-Date | 0.63% | 0.94% | 0.28% |
1 Month | 1.16% | 1.48% | 0.96% |
3 Months | 0.63% | 0.94% | 0.28% |
Since Inception | 10.51% | 10.55% | 6.31% |
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.