The Yield Premium portfolio generates high current income.  We select very liquid high dividend/yield ETFs (macro risk only) that pay frequent (monthly dividends) then sell calls against the positions to earn additional option premium.  This is a low-risk call-write strategy designed to generate income even in non-directional equity/bond markets.  We select the call strike prices after a consideration of the current ETF price (tight call strikes after big price run-ups and distant call strikes when price has fallen and turned higher).   Note that accounts must have around a minimum of $250’000 in order to buy round lots (100 shares) of the ETF products to match the subsequent cover call positions.

Below is the list of the pre-selected monthly payers:

Common equity

JPMorgan Equity Premium Income ETF

Invesco S&P 500 Low Volatility ETF

JPMorgan Nasdaq Equity Premium Income ETF

Invesco S&P 500 High Div Low Volatility ETF

Preferred equity

iShares Preferred and Income Securities ETF

Fixed Income

iShares 20 Year Treasury Bond ETF

iShares iBoxx $ High Yield Corporate Bond Fund

iShares iBoxx $ Investment Grade Corporate Bond ETF

iShares Barclays 7-10 Year Treasury Bond Fund

SPDR Bloomberg High Yield Bond ETF

iShares Core US Aggregate Bond ETF

SPDR Bloomberg 1-3 Month T-Bill ETF

iShares National Muni Bond ETF

Vanguard Total Bond Market Index Fund

Vanguard Intermediate Term Corporate Bond Etf

iShares JPMorgan USD Emerging Markets Bond ETF

iShares 1-3 Year Treasury Bond ETF

Vanguard Short-Term Corporate Bond Idx Fd

iShares TIPS Bond ETF

iShares US Treasury Bond ETF

iShares MBS ETF

WisdomTree Floating Rate Treasury Fund

iShares 1-5 Year Investment Grade Corporate Bd ETF

Vanguard Short-Term Bond Index Fund

JPMorgan Ultra-Short Income ETF

Invesco Senior Loan ETF

Vanguard Total International Bond Index Fund

Vanguard Intermediate Term Bond ETF

SPDR Bloomberg Convertible Securities ETF

SPDR Blackstone Senior Loan ETF

iShares Floating Rate Bond ETF

VanEck JP Morgan EM Local Currency Bond ETF