BMO Covered Call Utilities ETF (ZWU.TO)

Owns full position in this stock.
Good time to buy given current price.
Lots of value with industry fundamentals.

Generally, utilities are a safe investment.
Rising rate environment will negatively impact utilities.
If rates are cut, utilities will perform better.
Income is fairly safe within utility sector. 

Not sure why in this particular case, but it could be because the premiums from the covered calls were not as good. Or it could be that the prices of some of these utilities have gone up. 

You buy this for yield. Utilities are very susceptible to changes in yield. They pay high yields, but it can come back and bite you. This is a pretty solid performer, and the covered calls give a really good boost. He's very much in favour of covered calls.

Utilities are a safe-haven asset with stable, government-set revenues. But the challenge is that during high inflation, these stocks are like a long-duration bond. So, when rates rise, these stocks struggle. ZUT is BMO's equal-weight utilities ETF without calls, but that outperformed ZWU in recent years. Don't be fooled by the covered calls, which outperform in sideways or down markets, but less so in better markets. Utilities at 20-30% of a portfolio--be cautious. If you're bearish, seek utilities. If bullish, maybe not.

Defensive name with safe dividend yield.
Won't get large capital gains.
ZUT better option - doesn't write covered calls.

Mostly defensive. In a rising, uptrending market, the names meander along sideways. Great for yield, however he prefers XEI. Enhanced yield of about 8.3%.

Covered call utilities (will limit upside potential).
Good defensive name.

Very strong yield that is attractive. 
Currently paying ~8% which is incredible.
Won't see high share price appreciation.
Safe name for dividend seeking investors.
Better names for capital appreciation. 

Conservative way to get exposure to utilities.
Good time to buy and owns shares.
Safe place for capital.

Holds pipelines and telcos, plus an overlay of 8.3% dividend. Lots of cash flow, but utilities won't be the best performer if the economy grows. For income, this is great, but not the best for a total return. Covered calls aren't good in rising markets.