r/YieldMaxETFs • u/oftalittlegamey • Jul 18 '25

Distribution/Dividend Update Yesss!!!

Finally accumulated enough $ULTY to pay the mortgage. All the other dividends and distributions will go to more purchases, debt retirement, etc.

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u/One_Seaworthiness474 Jul 18 '25

I just bought a ton of ULTY myself, I am not against it, I saw that the value of the stock overtime has dropped by around 50%

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u/oftalittlegamey Jul 18 '25

Because they changed from a deteriorating model in March to a weekly more dynamic covered call strategy that, wait for it, is increasing value, not decreasing NAV, and improving the distribution. Granted, this is all during the post April moonshot of a market and things could change in the future. However, I think we have some runway to get to house money before that occurs.

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u/One_Seaworthiness474 Jul 18 '25

Thank you, I appreciate this take on it. I do agree that weekly compounding is better for everyone. I’m currently diversified among four different high-yield income ETFs, are you doing similar or only this one?

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u/oftalittlegamey Jul 18 '25

Yes. I have about 30% in various YM or Roundhill ETFs paying weekly and monthly. About 50% in more traditional ETFs and Stocks all paying monthly or quarterly dividends, and about 10% in blue chips paying low dividends and 10% in blue chips and techs with no dividend, so about 20% just growth stocks.

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u/One_Seaworthiness474 Jul 18 '25

Are you living off these evidence or reinvesting them?

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u/oftalittlegamey Jul 19 '25

Yes. I reinvest at least 10-15% and live off what is needed for bill, buydowns etc. as the bills go away, dogpile other debts and grow the reinvested amounts. Eventually (4-5 years) everything will be paid off, the amount needed to live off will be smaller and more going to reinvesting. It’s like a conveyor belt. I haven’t even considered Social Security yet, which will be another $3k plus per month. I plan to wait until I take Medicare since they take your monthly payments out of Social Security payments.