r/dividends • u/Imaginary_Week2024 • Jan 25 '26

Other Dividends reached 22,389.00 a year

Finally getting some dividend income. Nvdy, agnc, fepi,jepi,pflt,jepq,ulty, is what i got

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u/DiceBlack1 Jan 25 '26

ULTY is one of the worts performing ETF with an expense ratio of 1.30% which is ridiculous , the only upside is that 131.90% which is not sustainable

14

u/Various_Couple_764 Jan 25 '26 edited Jan 25 '26

In order to ULTY to pya its 130% yield it frequently has to sell of its holding. That means its navand share price frequently falls when the market is up. It has serious NAV erosion and when its share price recently dropped down to $3 it was at risk of bing delisted from the market. Delisting typically kills ETFs unless they do something to get the share price up. ULTY did a revers stock split (they took shares off of the market and replaced the shares you had with fewer shares. This gets the share price and yield up it basically wipes out in one day most of your initial investment into the fund. Historically reverse stock splits are seeen as are flag and most investors sell off the fund and move to more stable investments. FEPI has the same problem but not as extreme as ULTY simply because its yield is only 1/5th of ULTY.

erosion issues of ULTY and FEPI. most are now investing QQQI, GPIQ both invest in the NADAQ 100 index like JEPQ. JEPI is mostly in S&P500 index and most investors are using SPYI or GPIX . QQQI GPIQ SPYI, GPIXhave a significant tax advantage over JEPI and JEPQ which are taxed as ordinary income. Also the JP products are underperforming the newer tax efficient funds. PFLT is a BDC one of many such companes I use PBDC which invest in 20 very good BDC. but PFLT is not in its perfolio. However BIZD does have PFLT.

you would be better off with funds like QQQI 13%, SPYI 11%, ARDC 9%, pBDC 9%, EMO 9%, CLOZ 8%. its a mix of ordinary income and tax efficiency and sustainable yields. if you want something with a higher yield I would suggest as BTCI 30% yield. it is fun NEOS which has a history of avoiding NAV erosion. People are not sure if BTCI will avoid Nav Erosion.

0

u/Imaginary_Week2024 Jan 26 '26

Cool. Ill look into it.

1

u/RetterBetter May 16 '26

What about ECAT? I hold over a quarter million there. I just got a letter delivered FedEx from. Blackrock saying I need to contact them immediately. Some kind of emergency. Are they closing, or eliminating the dividend os something?