Option Writing Funds: The Best and Worst of April

(Daily Alts) Option Writing Funds The Best and Worst of AprilApril 2016 marked the first month Morningstar began covering option writing funds as their own category. These funds generate income primarily by selling calls and/or puts, which are option contracts alternatively giving buyers the right to buy or sell a particular underlying security. For the month, the category returned an average of +0.25% vs 0.39% for the S&P 500 Index with 9 of the 34 individual funds outpacing the index.

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