Invesco QQQ Income Advantage ETF (QQA)

Invesco QQQ Income Advantage ETF (QQA) is an exchange-traded fund in the Derivative Income category. It has $853.06M in assets, an expense ratio of 0.29% and a 9.92% dividend yield. The fund seeks to achieve its investment objective by: (1) investing in a portfolio of U.S. equity securities designed to track the performance, before fees and expenses, of the NASDAQ-100 Index® or U.S.-listed exchange-traded funds (ETFs) that seek to track the performance of the index, or both, and (2) utilizing an options-based income strategy implemented through equity-linked notes (ELNs) with exposure to either the index or ETFs tracking the index. The fund is non-diversified.