Columbia High Dividend Premium Income ETF is an actively managed fund designed to generate high monthly income and secondary capital appreciation by combining investments in dividend-paying equity securities with an active call option strategy. The fund invests at least 80% of net assets in dividend-paying common stocks targeting a dividend yield higher than the Russell 1000 Value Index, while concurrently selling and purchasing call options on major equity market indices or ETFs to capture option premiums and facilitate upside market participation.
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