AllianceBernstein Launches S&P 500 Covered-Call Income ETF (INK)

AllianceBernstein has launched the AB Equity Premium Income ETF (INK) on Nasdaq, expanding its actively managed ETF lineup with an options-based strategy designed to generate income while maintaining exposure to U.S. equities. The fund combines broad exposure to the S&P 500 Index with an actively managed covered-call overlay, seeking to deliver high current income alongside capital appreciation. By writing call options, INK aims to generate additional income while retaining participation in equity market performance, although the strategy may limit upside potential during strong market rallies. The launch builds on AllianceBernstein's $90 billion index and derivatives investment platform and reflects growing investor demand for income-oriented ETFs that balance yield generation with equity exposure. Jane Street serves as the fund's lead market maker.