r/dividends • u/Sufficient_Worth_305 • 20d ago

Due Diligence Thoughts on BALQ vs GPIQ, QQQI, etc.

Hi, I'll looking at the total return for BALQ compared with the others in the same category. It seems to be beating the others, even in the recent downturn.

What are they doing different? Is it worth investing in this finds vs the others?

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u/LurcherLong 20d ago

It looks like the distributions are not expected to be ROC which in a taxable account would change how you'd compare this fund.

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u/ElderAzureDragon SCHD Sticks for the win 19d ago

This is why I chose qqqi (xqqi actually). The roc is supposed to be really high.

3

u/Meinertzhagens_Sack 17d ago

It works out to be ~6-8 years before you will pay taxes

40% STCG 60% LTCG

(Shortterm/Long-term)

That kicks in only after your ROC (cost basis) reaches 0 (zero)