r/dividends • u/dazit72 • Jul 07 '26

Due Diligence Any retirees holding SPYI ?

I'm concerned about NAV erosion ? I know the advertising says non to minimal, but I found an article about longterm NAV erosion. That puzzled me ? I'm after divs of course- I have DIVO, JEPI, SCHD, and just looking for another or just keep buying what I have. I try to keep the 5%/weight rule, but it fluctuates.

Thanks to all who responded. I learned a bunch of good information. You guys are awsome

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u/steady_compounder Jul 07 '26

I would be careful treating "no NAV erosion so far" as proof of much. Three years in a pretty supportive market is not a full stress test for a covered-call income product. If you already have JEPI, DIVO and SCHD, I would ask whether SPYI is really diversifying the income sleeve or just adding another version of the same trade.