Take Your Yield to the Max
The Dividend Max strategy aims to maximize high current monthly income by holding high dividend yielding ETFs that primarily institute covered call strategies or other option tactics.
The portfolio generates monthly income by selling volatility premium and any available capital appreciation. Dividend Max diversifies across stocks, commodities, and bonds. This actively managed basket of ETFs looks to convert option volatility to cash flow by taking advantage of the natural time decay premium sellers benefit from.
While portfolios resemble a 70/30 allocation, it may hold tech stocks which may display higher volatility than the S&P 500 Index.