The Delaware Covered Call Strategy Fund Institutional Class (FRCDX) is a mutual fund that focuses on generating income through a covered call strategy. This strategy involves selling call options on the fund's underlying securities, which can provide a steady stream of income for investors. The fund primarily invests in large-cap stocks and aims to provide a balance of income and capital appreciation. As an institutional class fund, it is designed for larger investors and may have lower fees and higher minimum investment requirements.
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