Columbia High Dividend Premium Income ETF (CDPI)

The Columbia High Dividend Premium Income ETF (CDPI) is an exchange-traded fund from Columbia Threadneedle Investments that seeks income from a combination of dividend-paying stocks and option premiums.

The fund holds a portfolio of equities with relatively high dividends and generates additional income by selling call options, an approach that collects option premiums in exchange for giving up some potential upside when stock prices rise sharply. The goal is to deliver a steady stream of income while keeping exposure to a diversified group of dividend-oriented companies.