The YouTuber likes this fund due to current high interest rates, expecting potential rate cuts to benefit the fund's underlying treasury bonds. While acknowledging interest rate and options risks, the fund's strategy of selling call options against treasury bonds provides a high dividend yield.
“Even on that lower dividend yield I do like this one with interest rates as high as they are right now the FED isn't expected to cut rates as fast as we thought but it is still expected to cut and any economic weakness is going to bring those rates down even faster which is going to be an upside potential for the fund on top of that dividend”