Global X NASDAQ 100 Covered Call ETF (QYLD)

[rayank]

It pays dividends from the premiums derived from trading the options as far as I know. I would google it and read the details. The holdings do pay dividends too, so it may be a combination of both?
I still get a steady 12% paid out monthly. It does protect on the downside, but you do lose some of the upside, but again the INCOME is my main objective. Good luck.