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NASDAQ Premium Income & Growth Fund, Inc.

NASDAQ Premium Income & Growth Fund, Inc.

Sector: Unit Investment Trusts, Face-Amount Certificate Offices, and Closed-End Management Investment Offices Region: IL, United States


: | Nasdaq: QQQX


The investment objective of the NASDAQ Premium Income & Growth Fund is to provide high current income and capital appreciation through investment in a portfolio of investments designed to closely track the performance of the NASDAQ 100 Index and by writing NASDAQ 100 Index call options. The fund invests in an equity portfolio that seeks to substantially replicate price movements of the NASDAQ 100 Index. The fund also sells NASDAQ index call options covering a maximum of 50% of the value of the fund’s equity portfolio in seeking to enhance risk-adjusted performance relative to an all equity portfolio.

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