“As market volatility increases, so does the potential for incremental income within the strategy,” Keene said. “While it may underperform when broad markets rally, like in the fourth quarter of last year, we believe the income it provides and the risk offset against the potential 2024 headwinds, like the election and the return of inflation, are a favorable trade-off. In essence, we are providing our clients an equity exit hatch should the need arise.” -Luke Keene