Amplify ETFs has announced enhancements to the Amplify Energy & Natural Resources Covered Call ETF (NDIV), expanding its income-generating capabilities through a covered call strategy. The fund targets 10% or greater total annualized income through a combination of option premium income and dividends from energy and natural resources equities. The fund’s income profile is supported by covered call premiums and dividends, with additional returns tied to the performance of underlying equity holdings. Energy and natural resource companies have seen momentum from rising global energy usage, AI, U.S. reshoring, electrification, and infrastructure investment. NDIV is part of Amplify’s YieldSmart™ ETF suite, focused on balancing income and capital appreciation.

Read more at GlobeNewswire: Amplify ETFs Enhances NDIV with Covered Calls, Targeting