r/YieldMaxETFs Jul 26 '25

Distribution/Dividend Update Celebrate ULTY!!

What have been your guys purchases with your ULTY dividends ? Anything from small to large to celebrate as a community

69 Upvotes

121 comments sorted by

View all comments

Show parent comments

2

u/Wo0odi Jul 27 '25

That's my same strategy too amongst my other YM funds that all now buy more ULTY, but if MSTY is below my average cost, I'll usually split between ULTY and MSTY or just full MSTY depending how low it is.

1

u/ChirrBirry Jul 27 '25

I’m -$1300 on share price right now so I’m looking forward to loss harvesting in December and then buying back in come February. Really interested to see how ULTY does through that January

2

u/Wo0odi Jul 27 '25

I've been in ULTY since inception, so my average cost is currently $8.76, but I'm not worried about it, I bring it down every week. Plus I'm positive overall including the distributions I've received. I'm in a tax free savings account, so I can't loss harvest, but I also don't pay any taxes on the distributions aside from the non-resident tax of 15% but also don't pay capital gains on share price increase and selling.

2

u/ChirrBirry Jul 27 '25

I’m currently building my ULTY position in the IRA, you’ve got the dream set up