iPath CBOE S&P 500 BuyWrite Index ETN (BWV)
- Equity | Specialty: Equity
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...|