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Dow 30 Premium & Dividend Income Fund, Inc.

Dow 30 Premium & Dividend Income Fund, Inc.

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


: | New York Stock Exchange: DPD


The investment objective of the Dow 30SM Premium & Dividend Income Fund is to provide stockholders with a high level of current income, with a secondary objective of capital appreciation. The fund invests in an equity portfolio that seeks to substantially replicate price movements of the Dow Jones Industrial AverageSM (“DJIA”). The fund also sells covered call options on some or all of the Dow stocks, covering a maximum of 50% of the value of the fund’s portfolio in seeking to enhance risk-adjusted performance relative to an all equity portfolio. The fund does not use leverage.

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