May. 1 at 4:49 PM
$EGGY This fund is genius. Ride it while you can. Look at the portfolio. The fund manager has been capitalizing on red hot AI, semiconductor, and data center buildout (electrical equipment) sectors on the shares of companies that have been skyrocketing over the past year due to demand for things like data storage, semiconductor chips, etc. So, not only do EGGY shareholders receive an annualized distribution yield in excess of 30% based on the options premium from high IV of the call options on shares of the company stocks in the EGGY portfolio, but your principal actually grows over time instead of shrinks as with nearly any other fund paying out an annualized yield this high. Holding 3,000 shares @ 29.42 cost basis and I've only received one monthly distribution payment so far. Until the AI trade fades and fizzles out, this fund is unlikely to drop below
$30 per share again, all while paying out
$1.00+ in monthly distributions.