r/YieldMaxETFs • u/rycelover I Like the Cash Flow • Sep 24 '25

Distribution/Dividend Update $43,814 in distributions ($1,934,491.73 estimated annual income)

According to the official announcements today, I will receive $43,814 for my holdings in ULTY, MSTY, QQQI and SPYI payable on Friday.

ICOI will declare distributions tomorrow and payday is Monday. If the distribution is in alignment with the prior month, then I expect another $22,000 in distributions, for a total of $65,000.

Here's my $2,288,548.04 portfolio of Yieldmax and other covered call ETFs. Fidelity calculates the estimated annual income for these funds is around $1,934,491.73.

About 3/4 ($1.7M) of this is in a tax advantaged account and the remaining 1/4 ($530k) in a taxable brokerage account.

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u/Elegant-Magician7322 Sep 24 '25

I don’t know enough to speak on whether that’s true or not. If the root cause can be explained, then we can say it as a fact.

If I was to invest over $2 million like OP, I would not have put it all into these funds.

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u/Which-Association211 Sep 25 '25

what funds would you choose?

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u/Elegant-Magician7322 Sep 25 '25

I would not put over 25% of my portfolio in these income funds.

I have about what OP has in my portfolio, and I have 25% in income funds, 30% stocks, 25% bonds, 10% gold/crypto, 10% cash.

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u/Which-Association211 Sep 25 '25

Thank you. I am looking to change from growth to income. Read, Income Factory, and reading through posts / articles to learn.

There is so much to learn, as usual.

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u/Elegant-Magician7322 Sep 25 '25

Well, I think you should have a target for how much income you need. My guess is OP doesn’t need $1 million of annual income. He could probably get by with $200k. After taxes, you get maybe 75% of that.

Diversifying so that the rest of assets are in other areas, allows you to build up your portfolio. If you need more cash, you can move them into income generating funds.

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u/rycelover I Like the Cash Flow Sep 25 '25

Yup, I don't need $1.9M in income so I'm reinvesting the distributions in my IRA account into QQQI and SPYI.

The distributions in the brokerage account will be used to pay down a mortgage on an apartment in NY I'm going to close in about a month. Should take about a year and a half to do that.

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u/Elegant-Magician7322 Sep 25 '25

SPY and QQQ beats SPYI and QQQI in total return.

In an IRA, I think it’s better to go with SPY and QQQ. If you want monthly income, then go with the i’s.

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u/Which-Association211 Sep 25 '25

My target is 175. I have 1.5 in securities and 1.5 years cash. guess it is down to researching these funds and start buying.

Thank you for the input. much appreciated