NestYield Dynamic Income ETF (EGGY)
NestYield Dynamic Income ETF operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Downey, CA, US. The stock last traded at $35.87, up 1.93% on the session, giving a market capitalisation of $31.4M. Its beta of 1.79 implies it has historically moved more than the broad market.
The NestYield Dynamic Income ETF (EGGY) employs a dual investment strategy. Its primary objective involves building an equity portfolio, which can be achieved either through direct ownership of stocks or by utilizing options to gain synthetic exposure to one or more equity securities. The secondary facet of this strategy focuses on generating substantial income while simultaneously using an options portfolio to hedge against significant market declines. This fund is classified as non-diversified.
NestYield Dynamic Income ETF is most often compared with the following Financial Services names: