Fund Description
The investment seeks to replicate, net of expenses, the CBOE S&P 500 BuyWrite Index. The index is designed to measure the total rate of return of a hypothetical “buy-write”, or “covered call”, strategy on the S&P 500 Index. This strategy consists of a hypothetical portfolio consisting of a “long” position indexed to the S&P 500 Index and the sale of a succession of one-month, at- or slightly out-of-the-money S&P 500 Index call options that are listed on the Chicago Board Options Exchange.
Fund Snapshot Updated 05.20.2013
| Previous Close | $56.27 | Expense Ratio | 0.75% |
| YTD Return | 7.9% | Avg. 30-Day Volume | 1,087 |
| 1-Year Return | 12.1% | Market Cap | Loading... |
| Bid | $56.03 | Shares Outstanding | 217,000 |
| Ask | $56.65 | Dividends | $0.00 |
