Covered-call funds have evolved both rapidly and significantly in the last 5 years. While the original options-based investments, such as the Global X Funds, focused on simple buy and write strategies mostly involvingAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other th ...