Opinions Eric Nuttall
Ninepoint Energy Income Fund ETFNRGI-NEBUYMay 15, 2026
Eric NuttallOwned
N/A
Stock price when the opinion was issued
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It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
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Recently increased distribution to 14%. The fund is using a modest amount of leverage of 15% to own high-dividend-yielding stocks with a covered call overlay. They sell 30% of each position at the money. If the stock goes up, they get called away, buy it back, but gather very healthy premiums in the meantime.
They've just finished writing the first tranche, and are over-earning the distribution. This provides an attractive income stream.
If you're looking for capital appreciation, there's the NNRG fund instead.
Disclosure: Eric's firm runs these funds.
Eric NuttallOwned
0
In January, he changed the strategy to generate more income. It's the same basket of high-yielding stocks, but they write calls "at the money" on only 1/3 of the position. To date, the strategy is over-earning. Not ROC. Yield is 12-ish%.
Disclosure: He runs this fund.