RYLD Dividend Calculator
Calculate dividend income and growth projections for Global X Russell 2000 Covered Call ETF (RYLD)
*Dividend yield is approximate and may vary. Please verify current rates before investing.
About RYLD
The Global X Russell 2000 Covered Call ETF (RYLD) seeks to generate income through covered call writing on the Russell 2000 Index while providing exposure to U.S. small-cap equities. The fund combines equity ownership with option income generation.
- Small-cap equity exposure with covered call income
- Monthly distribution schedule
- 0.60% expense ratio
- High current income generation
- Professional options management
Key Investment Features
- High Income: Generates high current income through covered calls
- Small-Cap Exposure: Access to Russell 2000 small-cap companies
- Monthly Distributions: Regular monthly income payments
- Professional Management: Systematic covered call strategy
- Tax Considerations: Income may be taxed as ordinary income
- Volatility Reduction: Option premiums help reduce portfolio volatility
Important Considerations
- Limited upside potential due to covered call strategy
- Higher tax rates on option income vs. qualified dividends
- Distributions may decline in low volatility environments
- Small-cap volatility can affect underlying performance
- Option strategy complexity requires professional management
- NAV erosion risk if distributions exceed net income
Disclaimer: This calculator is for educational purposes only and does not constitute investment advice. Covered call strategies involve complex tax implications and risks. Option income may be taxed as ordinary income. Please consult with a financial advisor before making investment decisions.