NestYield Dynamic Income ETF (EGGY)

NestYield Dynamic Income ETF (EGGY) is an exchange-traded fund in the Equity Hedged category. It has $181.40M in assets, an expense ratio of 0.92% and a 29.75% dividend yield. The fund’s strategy involves two components: (1) purchasing a portfolio of equity securities either directly, or “synthetically” by using options to gain exposure to one or more equity securities; and (2) generating high income while hedging against very large stock market declines through an options portfolio. The fund is non-diversified.