LQTI

LQTI is an actively managed fund that aims for an annual rate of approximately 5%, before fees and expenses, above the current annual income yield of the iShares iBoxx Investment Grade Corporate Bond ETF (LQD). The underlying ETF holds USD-denominated, investment grade corporate bonds of any maturity. To achieve its objectives, the fund provides synthetic exposure to LQD while utilizing a partial call writing strategy. Synthetic exposure to the underlying ETF is achieved through a combination of purchased call options and short-term US Treasurys. The fund then sells weekly, at-the-money FLEX call options on the underlying ETF, which are either cash settled and/or physically settled European style FLEX Options or physically settled American style exchange-traded options. Overall, LQTI aims to provide monthly distributions from the FLEX Option Discount, US Treasury securities, and option premiums. However, there is no guarantee that the funds distribution target will be obtained.