Swan Enhanced Dividend Income ETF (SCLZ)

The Swan Enhanced Dividend Income ETF is an exchange-traded fund from Swan Global Investments, an investment manager known for options-based, risk-managed strategies. The fund is oriented toward generating income, built around a portfolio of dividend-paying equities.

As the word enhanced suggests, the fund aims to supplement the dividends from its stock holdings with additional income, commonly through the use of options. Its returns reflect both the performance of the underlying stocks and the effects of any option overlay it uses.