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re: What are this boards thoughts on MSTY/ULTY?

Posted on 8/20/25 at 1:35 pm to
Posted by SidewalkTiger
Midwest, USA
Member since Dec 2019
66797 posts
Posted on 8/20/25 at 1:35 pm to
Maybe a mix of

QQQI
SPY
XDTE
PDI

Does this make sense?
Posted by Finnish
Member since Nov 2021
805 posts
Posted on 8/20/25 at 5:46 pm to
quote:

I officially got the frick out. Overall, since February, I made about $4,000. I think I was $28,000 in DIVs and $24,000 on taking a L. It was fun while it lasted but I'm bowing back to my TradFi self.


I joined you. I lost a couple % between dividends and share price. I was in it for a few months. It was a fun experiment but my 2nd worst trade of the year.
This post was edited on 8/20/25 at 5:47 pm
Posted by slackster
Houston
Member since Mar 2009
91338 posts
Posted on 8/20/25 at 7:31 pm to
These covered call/high income ETFs are best used as a trade, even the big boys like JEPQ and JEPI.

Buy in relatively expensive markets, but sell and go to QQQM/QQQ on a 20% pullback or something like that. It’s probably a poor strategy to buy and hold for like 5 years, for example.
Posted by Jjdoc
Cali
Member since Mar 2016
55377 posts
Posted on 8/21/25 at 8:58 am to
Im one of those that never dripped back into until the dividends paid for my entry "fee".

So my money is not tied up in it. My profits are. So I will protect those with stop losses.


Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
89172 posts
Posted on 8/22/25 at 6:53 am to
see what happens today. my stop is about to be hit on ULTY and i might just bail on MSTY. today may be that day
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4477 posts
Posted on 8/22/25 at 7:31 am to
I’m inclined to wait it out today. But, I told myself 5.50 is the point of no return. I think next week they announce a distribution reduction and that will cement my opinion.
This post was edited on 8/22/25 at 7:32 am
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
89172 posts
Posted on 8/22/25 at 10:27 am to
oh my. low today was 5.55? that is EXACTLY where my stop is. Let me see if it was filled.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4477 posts
Posted on 8/22/25 at 11:54 am to
I just cashed out. I think I lost about $200 after it was all said and done. Yieldmax is like Disney. It’s something feel obligated to experience despite knowing you’ll probably regret the decision.
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
89172 posts
Posted on 8/22/25 at 12:57 pm to
it was a fun run to play with.

i feel way more safer with BITO, XDTE, JEPQ, YYY, etc.

i think i am done with yieldmax as well.
Posted by SidewalkTiger
Midwest, USA
Member since Dec 2019
66797 posts
Posted on 8/22/25 at 1:01 pm to
Was thinking about sitting September out as it's normally a down month.

Trying to figure out where I want to put my YM money.

I like XDTE, QQQI, and SPYI, XDTE seems to pay the best of those.

I've been trying to use these income ETFs as an "extra HYSA"
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
89172 posts
Posted on 8/22/25 at 1:06 pm to
ok i was wrong. my stop is at 5.45

so i am still in. maybe til monday
Posted by CatsGoneWild
Pigeon forge, Tennessee
Member since Jan 2008
14818 posts
Posted on 10/17/25 at 8:25 pm to
Why is the MSTY dividend getting paid already? It was only $.60 per share this time. I have lost a bunch because of them lately.
Posted by BCreed1
Alabama
Member since Jan 2024
6413 posts
Posted on 10/17/25 at 9:24 pm to
quote:

Why is the MSTY dividend getting paid already? It was only $.60 per share this time.


To stabilize the NAV, YM moved all of these ETFs to weekly.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4477 posts
Posted on 10/17/25 at 10:01 pm to
If that’s the reason, they should return to the drawing board, considering they both hit new 52 week lows every day this week.

I just checked and since its inception ULTY has been outperformed by the S&P by 2.5x.

If I was to bet, we’re 3-4 weeks away from the point of no return for anyone that bought after 4/1.

Posted by CatsGoneWild
Pigeon forge, Tennessee
Member since Jan 2008
14818 posts
Posted on 10/18/25 at 8:19 am to
Will I be getting more dividends (weekly from MSTY), or they just changed the dates of multiple ETFS so a different one will pay out this week and another a different week?
Posted by BCreed1
Alabama
Member since Jan 2024
6413 posts
Posted on 10/18/25 at 8:52 am to
quote:

If that’s the reason, they should return to the drawing board, considering they both hit new 52 week lows every day this week.


All of these hit 52 week lows this week. Also, they all paid dividends and the price of every dividend stock/etf drops the amount of the divi.

I just did the math on every holding I have. With the NAV issue, I am up in all of them.

Ulty, until this week and this weeks market conditions, has been steady.

On sept 4th, Ulty was at 5.46. It was moving up through Oct 10th and
like everything else that day, it dropped to 5.32. By the 14th, it was back to 5.42.

Since they changed Ulty, it's been steady. Thus the changes to the rest of them.

They are not for everybody, and some people prefer to do other things (and I do other strategies like selling calls). I have these. Drip has been turned off and I have recouped most of my initial investments. Some I have already turned back on and will leave on because at this point, it's their money invested into me.





This post was edited on 10/18/25 at 8:55 am
Posted by BCreed1
Alabama
Member since Jan 2024
6413 posts
Posted on 10/18/25 at 8:57 am to
quote:

Will I be getting more dividends (weekly from MSTY),


Now weekly.

MSTY and all former monthly will be announced Wed and will be paid on Friday.

The former weeklies will be announced on Tuesday and will be paid Thursday
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4477 posts
Posted on 10/18/25 at 11:29 am to
quote:

On sept 4th, Ulty was at 5.46. It was moving up through Oct 10th and like everything else that day, it dropped to 5.32. By the 14th, it was back to 5.42.


I think it’s time for an intervention my friend. It’s down to 5.15. Even if the underlying stocks improve…an anchor weighs the fund down.

The NAV is eroding because their calls continue to come up short. On top of that, the management fees are paid first. In addition to that, they have operational expenses. Now they’re also buying puts for protect downside protection…that’s one more additional expense.

The ETF is mere weeks away from a reverse split.


Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
89172 posts
Posted on 10/18/25 at 11:58 am to
quote:

I think it’s time for an intervention my friend.




so glad i bailed awhile back on YM funds.

Posted by Jjdoc
Cali
Member since Mar 2016
55377 posts
Posted on 10/18/25 at 12:17 pm to
Im in the same boat. Recouped all my money and letting theirs ride
This post was edited on 10/18/25 at 12:18 pm
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