Stockchase Opinions

Larry Berman CFA, CMT, CTA BMO US High Dividend Covered Call ETF ZWH-T WAIT Feb 24, 2020

High dividend covered call strategy. These ETFs are the way to go. They have slightly lower beta and you get a much better yield. You don’t want to own these after a big sell-off.
$21.570

Stock price when the opinion was issued

0
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

COMMENT
There is space for these ETFs for yield seekers. One of the challenges in 2020 was that dividend paying stocks did terrible relative to technology that does not pay dividends. Still likes them for conservative investors.
BUY
The yield is in the 5.5%-6% range. A covered call strategy that is pretty sustainable. A group of good quality high dividend paying companies with covered call for yield enhancement. If you are bullish, you could miss out on some returns but in a sideways to down market, a prudent choice.
BUY
A good quality holding. Depends what you are holding out of an investment. Provides more income with the covered calls. In a high growth market, you do underperform. Good for income investors.
TOP PICK
Likes it as a sector play--high-dividend US stocks--and for the dividend of 6%. It's broadly based, and bonds don't pay much or anything.
BUY
Likes it. The higher dividend version of covered calls on the US market.
BUY

Attractive at current share price.
Comprised of wide variety of blue chip stocks.
~5% divided yield good for income investors.

BUY

Likes it.

BUY

Good for US market exposure. 
Buying stock right now.
Good value proposition. 

BUY

Good option for dividend oriented investors. However, must be aware of tax implications. 

BUY

BMO has the biggest suite of covered call strategies around the world. For US high-dividend covered-call strategies, ZWS or ZWH are really good (one hedged, one not).