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The USOI ETN's strong distribution yield has offset crude oil's negative fundamentals, delivering 3.4% total returns since September. However, with OPEC+ plans to increase production by 2.2 ...
In other words, SLVO is not a buy and hold investment. Just like with its sibling fund, UBS ETRACS Crude Oil Shares Covered Call ETN (USOI), which generates income from covered calls on oil ...