GLDX USCF Gold Strategy Plus Income Fund ETF

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GLDX USCF Gold Strategy Plus Income Fund ETF

This is an actively managed fund that seeks investment results that generally correspond over the long term to the performance of the price of gold, while generating dividend income through selling gold call options and through collateral interest income. The Fund seeks to achieve its investment objective by maintaining substantial economic exposure to the performance of the Gold Markets (physical gold and gold futures markets) by investing in: i) negotiable warehouse receipts, called warrants (Gold Warrants), evidencing ownership of specific gold bars stored in licensed depositories in and around New York City, and ii) fully margined and collateralized gold futures contracts. Also, to obtain the desired economic exposure, the Fund may transact in other gold-related derivative instruments such as cash-settled options, forward contracts, options on futures contracts, and other options (Gold Interests).

$25.22  +0.13 (0.52%)
As of 08/09/2022 16:00:00 EST     IEX book   CBOE book


ETF Information
Sponsor:     USCF
Category1:  Alternatives
Category2:  Options
Category3:  Broad
Morningstar category:  
Leverage factor:  1.00
Inception date:  11/03/2021
Current yield:  0.66%
Historical average yield:  0.84%
Market cap:  $3,130,000
Average volume:  1,549
Fees:     0.4500%
Investment style: Actively managed

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