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Global X Files Weekly Income ETF Tied to High-Dividend Stocks

The Global X U.S. TaxSmart Income Edge ETF will combine a portfolio of high-dividend U.S. stocks with a covered-call strategy designed to support weekly distributions. The actively-managed fund seeks an annualized payout rate equal to twice the dividend yield of its underlying high-dividend index by supplementing stock dividends with option-premium income. Unlike traditional covered-call funds, options will be written on broad-market ETF exposures rather than directly on the portfolio’s holdings, a structure intended to improve tax efficiency and increase the likelihood that distributions qualify as qualified dividend income. The strategy may also distribute return of capital and offers no guarantee of achieving its targeted payout rate.

At a glance
Beat
Filings
Issuer
Global X
Region
United States
Filed
2 June 2026

Source: SEC Filings

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