11-15% yield from gold options, avoids typical underperformance
KGLD generates monthly income from gold options, yielding roughly 11-15%, and avoids the underperformance typical of covered call funds.
KGLD converts gold's price volatility into monthly income via options, appealing given US fiscal concerns. The KOL conservatively estimates yield at 11%, but Curve's website shows over 15%. It avoids the underperformance of similar funds like IGLD.
"Top 10 Income Portfolio Update (June)"