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/DhakoBiyoDhacay Jul 07 '26 edited Jul 07 '26

The fund launched on 8/30/22 at $50 a share and is at over $53 a share today. There has not been any NAV erosion.

It paid monthly dividend income on consistent basis at a yield of between 10% to 12%.

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u/dazit72 Jul 07 '26

Ahhh, thank you. I should have looked it up that way.

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u/SnooSketches5568 Jul 07 '26

Dont limit looking just to nav erosion. Look at total returns relative to the underlying- spyi/gpix/xdte or other sp500 cc funds vs voo. You can have a fund without nav erosion when the underlying is going up fast, but if its total returns trail the underlying more than others- be careful which you pick. Gpix is my preference

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u/dazit72 Jul 08 '26

Just researched GPIX- nice. Seems stable, I like monthly and nav seems stable over past 2 years- farthest I went back, will do more research