Maybe I'm looking at it in the wrong way but I feel like we are getting screwed. I feel distributions should be higher especially since the 3 to 1 change? Now I have less shares and getting less money with the weekly payout.
I have XDTE and YMAG since I feel YMAX is kind of a garbage pale of funds and equally weights them. I also have IWMY but I guess I’m wondering where is the gain in holding onto it vs selling out and putting that money into XDTE and YMAG? I love the high yield and weekly but if I’m already getting that met I’m having a lot of trouble justifying holding on more.
This yield is nice compared to roundhill but its significantly lower than they've payed recently. Me being a yield chaser is not very happy about this direction lol
You have to take the 40 cents multiply it by 52 and then divide that number by 12 to get what it would be if it was still monthly. Still a lot less than last month.
Thanks for the update, like the distributions.
If iwmy can pay 25-35c weekly and improve stability it will be a giant!
Nice, love my weekly divs.
Hi Stevo - I'm happy with IWMY, no complaints
Great!
SoCal, the distributions for QQQY and WDTE look good 👍…
Agreed!
I think they’re adjusting strategy to help with NAV decay. I got that sense from one of the last interviews.
Where's MSTY in all this?
Maybe I'm looking at it in the wrong way but I feel like we are getting screwed. I feel distributions should be higher especially since the 3 to 1 change? Now I have less shares and getting less money with the weekly payout.
@@MrBenavides0828 yes
I have XDTE and YMAG since I feel YMAX is kind of a garbage pale of funds and equally weights them. I also have IWMY but I guess I’m wondering where is the gain in holding onto it vs selling out and putting that money into XDTE and YMAG? I love the high yield and weekly but if I’m already getting that met I’m having a lot of trouble justifying holding on more.
Thanks 😊
No problem 😊
How much is simply return of principle?
If you mean ROC, it varies in the payments and percentages. But I love ROC, it's tax free, the more ROC the better!
Not bad at all, all 3.
This yield is nice compared to roundhill but its significantly lower than they've payed recently. Me being a yield chaser is not very happy about this direction lol
These numbers are good. But shares are still more expensive than YMAG and YMAX.
does SPYT pay monthly..?
Yes!
Defiance paid $3 last month, 40c is lame.
Hopefully it means less NAV decline
You have to take the 40 cents multiply it by 52 and then divide that number by 12 to get what it would be if it was still monthly. Still a lot less than last month.
Keep in mind, the rev-split which contributed to the $3 distro.
@@carloscanizares101 so we should keep getting distributions in the same range, not a monthly buck and a half.
SPYT and QQQT seem to be the only Defiance funds worth dividends and NAV for the long term. Sold 5k of QQQY today, done with them.