USCL — Global X Enhanced S&P 500 Covered Call ETF

Filing-backed earned vs paid. Not a yield screener and not a buy/sell rating.

Dist. coverage 98% with price moves included.

Launch year: 2023 · Jul 6
Dist. coverage (2025 accrual): 98%
Filing-period total return: +10.09% (Global X calendar 2025, dist. reinvested)
Cash return (approx.): +9.5% (approx., cash not reinvested; not issuer MRFP total return)
Earned: $32.3 million
Distributed: $32.9 million
Market price: $24.75
Last distribution: $0.25 · Jul 2026
Dist. yield (approx.): +12.1% (approx., $0.25 per month annualized ÷ $24.75 price)
CoverCall 2026 YTD: +14.7%
AUM: $248M

Open in the table Issuer page

What this fund is

Borrows about 25% and holds Global X S&P 500 Covered Call ETF (USCC).

How profit showed up

Realized gains and period profit supported Dist. coverage near 100%.

Other Global X funds

Figures from public issuer filings for a stated period. Tape fields are the latest exchange last (TSX or US), not a licensed live NAV feed. Confirm against the issuer’s documents. Not investment advice.