Weekly payers sorted by what you actually keep after taxes. Healthy funds only. 25% tax rate applied:
$AMDY โ 4.96% monthly spendable cash yield
$TSMY โ 4.02%
$GOOY โ 2.97%
$GPTY โ 2.54%
$CHPY โ 2.54% (0% ROC)
Monthly spendable = what the fund paid last month after taxes divided by current price. The number you can actually spend.
More data: https://t.co/gfAuYPnIak
Most income ETF investors don't realize how much of their "yield" is actually their own money coming back to them.
A fund advertising 50% yield might only be generating 10% in real earned income. The rest is return of capital โ your own principal being returned as a distribution while the share price quietly declines.
I've been using @YieldCanary to check every fund I cover. It shows the True Income Yield after stripping out return of capital, real after-tax returns, and an overall health rating on 300+ income ETFs.
Some of the most popular funds look very different once you see the real numbers.
Check what your funds are actually paying you โ https://t.co/ErXUstXniK
The holy grail in income investing: high yield with zero NAV erosion.
Here's what made the cut this week:
$CHPY
30.15% true yield | +52% return | 0% ROC
$GOOW
28.73% true yield | +13% return | 0% ROC
$KQQQ
13.52% true yield | +29% return | 0% ROC
$SLJY
12.85% true yield | +11% return | 0% ROC
$GOOP
10.33% true yield | +99% return | 0% ROC
Every dollar these funds pay you is real earned income. Not your own principal coming back.
See more at โ https://t.co/gfAuYPnakM