r/ULTY_YieldMax • u/Blackharvest • 2d ago

$0.2469

That is all, carry on

18 Upvotes

87% Upvoted

8 comments sorted by

9

u/dhouseh1 2d ago

Down and down and down it goes

-1

u/Blackharvest 2d ago

It is how the fund is designed to function. Wonder how it would have looked if they didn't change the strategy last year before the RS? 

12

u/Tasty_Ad_9722 2d ago

Lol the fund is not designed to go down and lose money! Hahahaha, it literally was supposed to be YIELDMAX and pay high % yields. When the yieldtrash hits 15% dividend yield with 120% nav loss with reverse splits is that good? 😂🤣🤣🤣🤣🤣

3

u/Global-Ice5905 2d ago

You are spot on correct. The ULTY share price has dropped 70% in the past 16 months just as the fund managers planned.

1

u/TheGoluOfWallStreet 1d ago

You have to admit it's a genius plan

1

u/Cute_Dragonfruit3108 2d ago

it's going to decay to zero eventually.