SPYT & QQQT Out. Rebalanced into HAKY, USOI, TLTX & GDXY to Boost Monthly Yield
I received dividends today from these funds. Here’s my monthly dividend yield based on my cost basis:
IGLD 1.75% $27.42
GPTY 2.59% $41.49
SDTY 2.24% $44.67
CHPY 2.94% $55.54
YMAX 4.19% $8.36
SPYT 1.49% $17.75
QQQT 1.43% $18.12
YPLT 2.74% $21.81
SPYT and QQQT are under 1.5% monthly so I liquidated my position, simple as that. If I want to maintain a high level of monthly dividend yield, it’s important that I stick to this rule.
I rebalanced and reinvested into these 4 funds with the following allocation to target around 2% monthly dividend yield after 15% withholding taxes for non-residents:
42% in:
USOI - UBS ETRACS Crude Oil Shares Covered Call ETN (USOI)
23% in:
TLTX - Global X Treasury Bond Enhanced Income ETF
12% in:
HAKY - Amplify ETF Trust - Amplify Hack Cybersecurity Covered Call ETF
23% in:
GDXY - YieldMax Gold Miners Option Income Strategy ETF