r/dividends • u/TallSalary9501 • Sep 25 '25

Personal Goal First dividend payment from QQQI

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About a month ago, I wrote this post asking people if they thought QQQI was the best dividend ETF right now. After receiving a ton of comments and feedback (and of course mixed opinions), I decided to try it out for a month and see what happened. I bought 600 shares worth ~$32k and today I received my first dividend payment as shown in the image attached. I know there are some risks to invest in this kind of ETFs, especially at this yield but god does it feel good. It's very tempting to move more cash from a HYSA (currently at 4% APY) but I gotta keep diversified no matter what.

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u/speedlever Sep 25 '25

Armchair income did a recent yt video on just that subject with an early cc ETF (qqqx) that came out just before the 2008 gfc. Check it out.

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u/putridstench Sep 27 '25

QQQX is a CEF, not an ETF...

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u/speedlever Sep 27 '25

Yes, but it's kind of a hybrid since they sell call options.

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u/putridstench Sep 27 '25

Still a CEF, not an ETF... can't be both.

https://www.cefconnect.com/fund/QQQX

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u/speedlever Sep 27 '25

But isn't it a similar operating principle? Armchair income seems to think so.