
I view the iShares HYG Premium Income+ ETF as a carry-focused play, given low OAS and elevated volatility premiums. HYGW systematically sells at-the-money calls on HYG, boosting distributions to an an

iShares High Yield Corporate Bond BuyWrite Strategy ETF has a 7.17% distribution by selling at-the-money covered calls on HYG. HYGW sacrifices capital appreciation for premium income, resulting in low