ZWCSeeing as we're a bit off topic here, ZWC has been paying out .11 monthly and even during covid it paid out .10 monthly.
I've been watching it drop since its last high, at a very similar proportion as BK.
They are trading right on NAV, which is $16.58 or very close to it, give or take .10.
This ETF has a much larger basket of dividend paying stocks, including the six Canadian banks in BK.
They run a very similar type of investment vehicle but their ROC is a bit higher from what I can figure out.
The return at this point is close to 8%, not quite as high as BK and they pay the dividends monthly.
I'm not advising anyone to dump BK and pick up ZWC but it does have the advantage of playing covered calls without being a "split fund" which makes for quite a bit of volatility, which can be played to good advantage, once the investor learns how to pick the swings.
From looking at the chart, if an investor chooses to play the swings, rather than sit back and collect the dividends, which aren't bad at all, I could see a possible 35-50% return without a lot of effort.
GLTA the good folks here.