Today I weeded out some underperforming high-yield ETFs and BDCs and reallocated those funds to better ones.
Sold:
$NFLY, YieldMax NFLX Option Income Strategy ETF, my total return ~ -7%
$MSTY, YieldMax MSTR Option Income Strategy ETF, my total return ~ -41%
$ULTY, YieldMax Ultra Option Income Strategy ETF, my total return ~ -28%
Will continue to hold but not add to: $FBY, $APLY, $AMZY, $NVDY, $TSLY, and $GOOY
$QBY, GraniteShares YieldBOOST QBTS ETF, my total return ~ -19%
$YETH, Roundhill Ether Covered Call Strategy ETF, my total return ~ -25%
$YBTC, Roundhill Bitcoin Covered Call Strategy ETF, my total return ~ -3%
$BITO, ProShares Bitcoin ETF, my total return ~ -35%
$RDTE, Roundhill Russell 2000 0DTE Covered Call ETF, will use $IWMI instead
Also sold these underperforming BDCs to add to my better ones.
$PNNT, PennantPark Investment Corp
$CGBD, Carlyle Secured Lending
Will continue to hold these BDCs: $MAIN, $GAIN, $TRIN, $MSIF, $CWSW, $ARCC, $HTGC
Also added several US T-Bills. Trying to pre-fund my next 3 years’ distributions so I don’t have to sell holdings.
Added to these ETFs, BDCs, and CEFs (Closed-End Funds):
$QQQI, NEOS Nasdaq-100 High Income ETF
Yield (TTM) 14.21%
Pays monthly
$MSIF, MSC Income Fund
Yield (FWD) 10.78%
Pays quarterly and special dividends
$CII, BlackRock Enhanced Large Cap Core Fund
Yield (FWD) 7.51%
Pays monthly
$BCAT, BlackRock Capital Allocation Term Trust
Yield (FWD) 20.93%
Pays monthly
$TRIN, Trinity Capital
Yield (FWD) 13.24%
Pays monthly
$IWMI, NEOS Russell 2000 High Income ETF
Yield (TTM) 13.52%
Pays monthly