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Amazon.com Inc. (AMZN)
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Microsoft Corporation (MSFT)
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Harvest Amazon High Income Shares ETF (AMZH)
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Harvest Microsoft Enhanced High Income Shares ETF (MSHE)
Q: Your thoughts and analysis of these 2 new listed etfs? I realize their size is minimal,but they apparently pay a healthy dividend. Do you see investor interest accelerating? Thanx.
5i Research Answer:
Both of these are single-stock ETFs that write call-options on MSFT and AMZN to enhance income. We are generally not fans of single-stock ETFs. We do not see the net assets getting very large on these and writing calls on two high growth companies will likely lead to lagging performance if the stocks do rally. We are not a fan of either.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in AMZN, MSFT.