I like Apple Do you like Apple? But I LOVE Apple with a 8.32% Yield!~!(NASDAQ: QQQX)

NASDAQ Premium Income & Growth Fund (NASDAQ: QQQX), Introducing a shot at playing apple shares and yet still get paid a handsome 8.32% dividend each and every quarter. Top holding is apple at 20.5%, top holdings below:

Issuer	% Portfolio
Apple Computer Inco: Equity	20.59%
Qualcomm: Equity	5.06%
Google Inc: Equity	4.53%
Microsoft Corporati: Equity	4.13%
Oracle Corporation: Equity	3.65%
Intel Corporation: Equity	2.85%
Amazon.com Incorpor: Equity	2.74%
Gilead Sciences Inc: Equity	2.25%
Comcast Corporation: Equity	2.20%
Cisco Systems Incor: Equity	2.07%

OBJECTIVE

 

The Fund seeks high current income and capital appreciation through investment in a portfolio of investments designed to closely track the performance of the NASDAQ 100 Index and by writing NASDAQ 100 Index call option.

NASDAQ Premium Income & Growth Fund Inc. (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide premium income and capital appreciation. The Fund pursues its objective principally through a two-part strategy.

First, the Fund will invest substantially all of its net assets in a portfolio of investments designed to closely track the performance of the NASDAQ 100 Index.

Second, the Fund will use certain option strategies primarily consisting of writing NASDAQ 100 Index call options to generate premium income and reduce the volatility of the Fund's returns, with the intention of improving the Fund's risk adjusted returns.

The Fund invests in industries, such as software, computers and peripherals, communications equipment, semiconductors and semiconductor equipment, and biotechnology. IQ Investment Advisors LLC serves as the investment advisor to the Fund. The Fund's sub-advisor is Nuveen HydePark Group, LLC.

Disclosure I am Long QQQX shares.