Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
"Investors can’t get enough of covered-call funds, which offer a way to stay invested in stocks without enduring all of the market’s gut-wrenching ups and downs. Recent events show that the funds largely deliver on that promise—though it comes at a heavy price in terms of missed returns."