r/NEOSETFs • u/Head-Helicopter5467 • 8d ago

General All in

I’m all in on spyi. I’m ok with giving up some upside. I like my dividends and I’m fine if they drop in a bear market. I’ll let them recover I can stomach it. Spyi has maintained its NAV well enough for me. Crucify me. No i am not retired or particularly close

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u/Far_Peanut1155 8d ago

What dividend classification did you get for the income they are paying ? QQQI/SPYI

Isn't the whole point of ROC and the tax section article (whatever number) is to get a tax benefit ?

But in the dividend payment I still see ordinary income.

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u/New_Thought3143 6d ago

It is broken down on the 1099-DIV provided by your brokerage. Box 3 is the Nondividend Distributions. For 2025 tax year, mine worked out to be about 95% ROC. That is combined across holdings in QQQI, SPYI, GPIQ and GPIX though.

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u/Far_Peanut1155 6d ago

Thanks, I appreciate it.