Author: Michael Foster, Contrarian Outlook

It’s set up for ‘snap-back’ returns as its discount rebounds.

It not only protects your portfolio as the market wobbles, but it gives your income stream a boost, too.

Trading at a 3.7% average premium to its net asset value over the last decade, thanks to this year’s volatility, it trades at a discount today.

Holding mainstays like Nvidia, Apple, and Microsoft, it’s outrun SPY over the last decade, and most other long-term time horizons.

A big discount in the fund has appeared…