Tax-Loss Harvesting? Get More From Current Income in Daily Covered Call ETFs

Traditional covered call ETFs have historically given up a significant amount of total returns in exchange for high levels of income. If a monthly covered call ETF's underlying stocks rally through the strike price of the sold option early in the month, the fund can't provide any further gains for the rest of the month. As 2025 draws to a close, investors and advisors will be considering their tax-loss harvesting opportunities. By selling some investments at a loss, those investors can reduce their overall ...