CSHI is an actively managed ETF to consider that’s offering adistribution yieldof 5.54% as of January 31, 2023. The fund launched in August 2022 and is already garnering attention: year-to-date it’s already brought in $12.5 million in net flows. It’s an options-based fund that is...
The put options that the fund uses are notETFoptions but instead are S&P 500 index options. These options receive favorable tax treatment as Section 1256 Contracts underIRSrules. This means the options held at the end of the year are treated as if sold on the last market day of the year ...