Covered Call Mutual Funds

Smart Money magazine has an ariticle in the July edition on mutual funds that use covered calls.  Their picks are FFA, BDJ and NFJ.  I’m not going to go into much more depth than just to mention it for any who would like an approach that requires less time invested than doing it yourself.  I still prefer to pick my own stocks and avoid mutual fund fees and paying capital gains taxes from gains earned while I didn’t own the fund. 

Thestreet.com had an article a few months ago with a few picks too.  Here’s the link. 

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