XFUNDS Files for Growth Stock ETF With Options Income Strategy

The XFUNDS Growth Income ETF (VUGY) pairs a portfolio of U.S. growth stocks and growth-focused ETFs with options strategies designed to generate income and manage risk. The fund will primarily target large-cap growth companies but may also invest in mid- and small-cap growth stocks. Income generation will rely on options premiums from strategies such as put spreads, call spreads, short calls, and cash-secured puts. The non-diversified fund will hold Treasuries and cash as collateral, and distributions may include return of capital, which can reduce NAV over time.