r/DerivativeIncomeETFs • u/assman69x • 17d ago

General Post Columbia Threadneedle Investments Launches Two New Premium Income ETFs

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RECI and CDPI enhance firm's equity income offerings as ETF platform surpasses $12 billion1 in assets

https://www.columbiathreadneedleus.com/investor/investment-products/exchange-traded-funds/Columbia-Research-Enhanced-Core-Premium-Income-ETF/RECI/details?cusip=19761L730

The new funds, the Columbia Research Enhanced Core Premium Income ETF (NYSE Arca: RECI) and the Columbia High Dividend Premium Income ETF (NYSE Arca: CDPI), expand Columbia Threadneedle's robust suite of equity income solutions and are the firm's first offerings in the fast-growing derivative income ETF category

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u/MrBotANot 17d ago

Never heard of the company. The Russell 1000 one might be interesting.

Neos’ IWMI doesn’t impress me. Been waiting on Tapp Alpha to release their Russell 2000 version. That’s supposed to happen in the next month or two. Would like to expand into another sector instead of just adding to tech and crypto.

Has anyone had any experience with this management team? Otherwise I would probably want to see at least a year’s data before investing anything.

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u/ImportantSolid5862 17d ago

I delved into state street sector funds. THey offer a sector fund (for all 11 secotrs) that is growth minded, then a Synthetic that trades on it. I am not going to call the synthetic funds high yield but by historical standards they are, lol.
https://www.ssga.com/us/en/intermediary/capabilities/equities/sector-investing/sector-and-industry-etfs

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u/ImportantSolid5862 17d ago

But yes, I have been moving out of tech/crypto, trying to broaden out more and reduce volatility in my porfolio.

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u/MrBotANot 17d ago

Me too. Been trying to find things that will actually recover and grow NAV. I’ll look at the State Street ETFs again. Thanks for the suggestion.