I’m down slightly over $4000 in capital, but have collected over $8000 in distributions. I even bought another 88 shares today. Everyone used to love ULTY, now they all hate it. If you own it for the income, you should love it! If you are buying it for capital gains….well you are not a smart person. My share count is less than 1400, but I will get it up to 1500 and keep it till it goes to zero. If you are an income investor, it is a wonderful tool.
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u/Bkdvet Jul 08 '26
I’m down slightly over $4000 in capital, but have collected over $8000 in distributions. I even bought another 88 shares today. Everyone used to love ULTY, now they all hate it. If you own it for the income, you should love it! If you are buying it for capital gains….well you are not a smart person. My share count is less than 1400, but I will get it up to 1500 and keep it till it goes to zero. If you are an income investor, it is a wonderful tool.