$Global X Nasdaq 100 Covered Call ETF(QYLD)$ QYLD isn't just another income play. With a dividend yield of 11%, it is a monthly cash machine built for investors who crave yield without chasing volatility. That is not a typo, it is one of the highest consistent yields in the ETF universe! QYLD does this by using Covered Call Strategy on the Nasdaq 100. This strategy harvests premium income from market volatility. QYLD targets income over growth which is perfect for me as I am an income focused investor. With an ex dividend date on July 21, I am just in time for this month's dividend. Ka-ching! ๐ฅฐ๐ฅฐ๐ฅฐ๐๐๐๐ฐ๐ฐ๐ฐ
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