Stock price when the opinion was issued
Main thing is it's not leveraged. Holds all the big, household names. Dividends are small on US stocks, so most of the premium you're getting is from the covered calls which are capital gains. Hasn't come back from April because it doesn't have all the super-charged tech stocks. Yield is around 6-6.5%.
Keep holding? Likes it for the income. Not a bank ETF, it’s across the board high yielders. It has underperformed, because it’s a covered call. If an investor wants US banks, CAD hedged, look at ZUB or US financials.