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USOY Is an Income Juggernaut

TheMotleyFool

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The Defiance Oil Enhanced Options Income ETF (NASDAQ: USOY) is an alluring income-focused investment opportunity. The exchange-traded fund's (ETF) implied annualized distribution rate is an eye-popping 111%. It distributes income to fund investors on a weekly basis.

That combination of yield and payment frequency makes it appear to be an income juggernaut. However, and you probably know this is coming, there is a big catch: The fund has a very high-risk profile.

Here's a closer look at this ETF, which aims to provide investors with an enhanced oil-fueled income stream.

Source Fool.com

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