Cullen Enhanced Equity Income ETF trades under ticker DIVP on NYSE as an ETF. Use this page to review its market price, share price, dividends, and price history. The page also shows Derivative Income exposure. Identifiers: ISIN US00791R7070, CUSIP 00791R707.
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About the Company
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in dividend paying common stocks. As part of its strategy, the fund, in order to generate additional portfolio income, will selectively write (i.e., sell) covered call options, on a target range of between 25-40% of the underlying equity securities owned by the fund (although the fundamental “value” features of the fund’s approach to portfolio security selection stated above take precedence over option writing potential in that process).