Derivative income funds taking off as indexes won’t back off
Derivative income funds totaled more than $84.6 billion in assets in March, up from $53.6 billion the prior year and $5.1 billion a decade ago.
The S&P 500 returned an impressive 10.6 percent in the first quarter of 2024. And that was on top of last year’s more than 24 percent gain. That’s not bad for financial advisors seeking to curry favor with their clients.
It also might be why derivative income or covered-call funds are exp
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