QQQI

QQQI strategically invests in the Nasdaq-100 Index stocks and utilizes NDX call options to deliver high monthly income through dividends and option premiums. It executes a call writing approach, possibly complemented by purchasing long, out-of-the-money calls to achieve a net credit. The fund prioritizes tax efficiency through Section 1256 Contracts, benefiting from a 60/40 tax rate on long- and short-term capital gains. For tax assessment, these contracts are marked as sold at the year's end market value. Active management allows for opportune tax loss harvesting by adjusting options before expiration. While primarily employing a replication strategy, the fund may opt to use a representative sampling method to select securities that emulate the index's risk-return profile when practical difficulties, substantial costs, or liquidity concerns arise. The adviser's active role aims for QQQI's tax-optimized tracking of the index, potentially involving frequent trading to adapt to market conditions.