ALPS and Stance Capital File Active Covered Call ETF

The ALPS Premium Income ETF invests primarily in large-cap U.S. equities while writing call options to generate income and reduce portfolio volatility. The actively-managed strategy selectively excludes sectors the sub-adviser believes are overly correlated or pose elevated risk for a covered call approach, aiming to improve downside resilience and risk-adjusted returns. Stock selection is generally long-term, while the options overlay is managed more tactically to capture attractive option premiums.