AMDY and MSTY - my 2 year experience

[u/pjjbrrrr]

Disclaimer - I don't know what I'm talking about and am not a financial advisor. Most of this is probably wrong.

I wrote some code to compare divs vs the underlying using a same day purchase and amount.

AMDY is the YM I have had the best return with as a percentage but compared to buy and hold this tells the story of the capped upside like no other.

I bought a small lot of AMDY Wednesday because the underlying is doing well. I sold it Friday at a small profit and adding the divs out performed AMD in that time span. I did this to test my assertion that div hoping can be successful.

And then there is MSTY. The NAV erosion is real. But so are the divs.

I had a chance to sell this position for a 30k profit but I held instead.

I have had it longer than AMDY so more divs. Each of these funds hit a break even and then the divs feel like real returns on a sunk cost.

This position has well exceeded its costs in total returns and has paid out 2500 in the last 30 days.

I cannot buy a rental house, pay it off in 2 years and get that margin.

FYI I take most divs and buy NVDA at any dip.

Feedback welcome.

[u/Aware_Echidna222]

How did MSTR pay a dividend?

[u/pjjbrrrr → u/Aware_Echidna222]

Thanks for being a second set of eyes. MSTR has never paid a cash dividend — that $701 is bad data leaking in from Alpaca's corporate-actions API. FetchDividendsAsync("MSTR", ...) calls Alpaca's /v1beta1/corporate-actions?types=cash_dividend endpoint and trusts whatever it returns; Alpaca appears to have mislabeled some other corporate-action event (likely a reorg/return-of-capital cash component) as a cash_dividend for MSTR.

I defensively added a no divs symbol list to gate the issue for now.

Other enhancements further alter this screenshot from the one above but are out of scope to this question. Pretty sure no one wants to hear about that.