Horizons Gold Producer Equity Covered Call ETF is a OTC stock, trading under the symbol GLCC on the (). It is usually referred to as or GLCC
In the last year, 2 stock analysts published opinions about GLCC. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Horizons Gold Producer Equity Covered Call ETF.
Horizons Gold Producer Equity Covered Call ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for Horizons Gold Producer Equity Covered Call ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Horizons Gold Producer Equity Covered Call ETF In the last year. It is a trending stock that is worth watching.
On , Horizons Gold Producer Equity Covered Call ETF (GLCC) stock closed at a price of $.
MER is 0.81%, assets $255M, indicated yield 10.78%, one year return -12%.
As a covered call gold fund, we have no issues with its set up nor its security positions (typical large cap names). For a gold sector investor wanting enhanced income, w think it is fine.
Our main comment is on the potential for gold. When the gold sector 'runs' it tends to do very well.
We think that a covered call fund is not the best choice for gold investors, as it can limit upside potential during bull markets.
But, for those only interested mainly in income and are willing to give up some potential in exchange for this higher income, we would consider it fine.
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