WisdomTree Equity Premium Income Fund (PUTW)
WisdomTree Equity Premium Income Fund operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $30.15, down 3.68% on the session, giving a market capitalisation of $229.9M. Its beta of 0.59 implies it has historically moved less than the broad market.
Under normal market conditions, this fund allocates at least 80% of its total capital to investments that either directly comprise its underlying index or possess equivalent economic attributes. The index itself is designed to track a cash-secured put option writing strategy, which involves issuing S&P 500 Index put options (referred to as "SPX Puts") and subsequently placing the proceeds from these option premiums into short-term U.S. Treasury bills, specifically those maturing in one or three months. This fund operates without adhering to diversification requirements.
WisdomTree Equity Premium Income Fund is most often compared with the following Financial Services names: