Ticker

Gold investors chasing yield have a problem: bullion itself pays nothing. The Credit Suisse X-Links Gold Shares Covered Call ETN (NASDAQ:GLDI) was built to solve that, layering an options-selling strategy on top of gold exposure to manufacture monthly cash.

Credit Suisse X-Links Gold Shares Covered Call ETN (NASDAQ:GLDI) has paid monthly distributions every month since its 2013 inception, with recent payouts generous but structurally variable.

Credit Suisse X-Links Gold Shares Covered Call ETN (NASDAQ:GLDI) pays a monthly distribution that has reached eye-catching levels, with a 20.5% annualized yield based on recent payouts.

GLDI and IAUI are both Buy-rated gold income ETFs, but GLDI is now a Strong Buy given expectations for a flatter gold regime. GLDI's fully covered call structure generates more reliable income in sideways or mildly bullish gold markets, dampening volatility and preserving NAV. IAUI offers better upside capture in sharp gold rallies but currently covers only ~40% of its portfolio, favoring total return over income.

UBS ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) owns gold and sells call options against it monthly, passing the premium income to investors.