The STF Tactical Growth & Income ETF (TUGN) employs a differentiated, dynamic covered call strategy, targeting a 10–12% yield with tactical asset allocation. TUGN has outperformed major S&P 500 ETFs since inception, with a 3-year average total return of 24.3% and 2023 returns of 35.15%. Management actively removes call spreads in bull markets to capture upside and shifts toward fixed income in bear markets to preserve NAV and income.