Hohimer Launches Income ETF Combining Stocks and Options

Hohimer Wealth Management has launched the Alki Consolidated Income ETF (IINC), an actively managed fund seeking high monthly income through a combination of equity investments and options strategies. The ETF invests in large- and mid-cap U.S. stocks selected through fundamental research while generating option premiums through covered calls, cash-secured puts, and other strategies. IINC targets an annualized distribution rate ranging from the mid-single digits to low double digits, though distributions may include income, capital gains, and return of capital. The fund also uses cash and short-term Treasuries as collateral and income sources.