Options-writing ETFs seek to mitigate downside risk while providing income.
The diversification they deliver comes with a price.
The DoubleLine Shiller Enhanced CAPE Fund avoids part of the stock market that can get overvalued from undue attention.
ETFs let investors either hedge—or not hedge—foreign currency risk.
Investors must be discriminating to find real value after small companies’ amazing run.
Owning these oddball companies in closed-end funds presents additional complications.
For clients who don’t have exposure, MLPs could be worth a look.