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UBS AG (GLDI)

Market Closed
16 Oct, 08:00 PM
NASDAQ (NMS) NASDAQ (NMS)
$
141. 25
+0.22
+0.156%
$
164.12M Market Cap
2.31% Div Yield
165,700 Volume
$ 141.03
Previous Close
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Day Range
140.88 141.91
Year Range
138.4 183.61
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Gold's Rally: Can GLDI Keep Up?

Gold's Rally: Can GLDI Keep Up?

Credit Suisse X-Links Gold Shares Covered Call ETN offers income-focused investors' exposure to gold with high yields from covered call premiums, but caps upside potential. GLDI's strategy involves selling slightly out-of-the-money call options on GLD, generating monthly dividends, with yields often in the 10-13% range. GLDI underperforms in strong bull markets for gold, as seen in the past year, but can outperform if gold prices stabilize or decline slightly.

Seekingalpha | 1 year ago