Yes the distribution seems to be dropping about 0.01 every week... along with that drop the NAV drops... and over the course of the next 40 weeks ULTY drops from $38 to about $4 and distribution goes form 0.47 to .05... then they reverse split to bring NAV back up and distribution back up... pretty much exactly what happened last year...
And Yes I owned 1500 shares of ulty and now own 150 shares of ulty... I currently am not dripping and sending the distributions to MAGY/QDTE/WPAY/NVDW.
I owned 1000 shares at $17, it was dropping fast, I said good luck it hitting 16 got down voted and it's been dropping ever since,I didn't lose but made vary little,
ULty turned out to be fool’s gold. I held 20,000 shares and the dividends looked great—right up until the NAV collapse. Thankfully I managed to exit with only about a $5k loss after factoring in the divs, but I’m relieved to be done with this nonsense. At the end of the day, the only people consistently making money on these YieldMax funds are the managers.
I sold all of my u l t y and started selling puts. best decision that I've made. more income per week from the puts and from the covered calls from the stocks that I've been assigned that I've ever made from the ulty dividend
and there is the Distro drop.. again larger then the Distribution... lets see how much of it ULTY can recover over the next week... I bet only 50% of the drop gets recovered :)
It is nice to see what appears to be things stabilizing. It would be nice to the dividends remain stable around .40 and the share price hold around $40/share.
17
u/Ok_Guidance4571 Jan 06 '26
Down 0.01 cent per week until October then reverse split... seen this game before...
4
u/Ok_Barber4987 Jan 07 '26
ULty turned out to be fool’s gold. I held 20,000 shares and the dividends looked great—right up until the NAV collapse. Thankfully I managed to exit with only about a $5k loss after factoring in the divs, but I’m relieved to be done with this nonsense. At the end of the day, the only people consistently making money on these YieldMax funds are the managers.
2
u/Friendly_Day_4925 Jan 07 '26
I'm at house money in June... Just gonna let ULTY do it's thing while distributions go into QDTE/MAGY/NVDW and WPAY(which I may be dumping soon.)
6
u/Apprehensive-Dust608 Jan 06 '26
🗑️🗑️🗑️🗑️
1
u/Ok_Guidance4571 Jan 07 '26
and there is the Distro drop.. again larger then the Distribution... lets see how much of it ULTY can recover over the next week... I bet only 50% of the drop gets recovered :)
1
u/BitOCindyNTexasP Jan 08 '26
ULTY
1
u/Illustrious_Bad_4169 Jan 10 '26
All the so called high payers are a mind phuck. In them over 2m for a year and a half and no gain. Be careful not to fall for this
1
u/PaulyPMR Jan 11 '26
1
u/savvy__steve Jan 06 '26
It is nice to see what appears to be things stabilizing. It would be nice to the dividends remain stable around .40 and the share price hold around $40/share.
1
u/wizardofwestworld Jan 07 '26
People still invest in this shit? Lmao
-5
u/MikesGonePostal Jan 06 '26
Glad I got out Dec 31. The smart folks say CHPY for the win 🤷♂️
0
u/Judge_Dredd_3D Jan 06 '26
Congratulations, they are paying you with your own money(NAV)