After last weeks being the best in a few weeks and a price above $17 this week I was expecting something similar. Needless to say I’m disappointed. I was in ULTY and saw the same thing happen. I’m hoping this is just a blip.
The distribution has collapsed . Any one know why?
They rely on reverse stock splits to keep the vehicle alive while collecting high management fees. Yieldboost is probably one of the BEST marketing illustrations. To grow AUM, they need capital inflows. The primary marketing engine for retail investors is a screener displaying a 140%+ annualized yield. The fund operators, yes William Rhind, DO NOT care about long-term capital preservation or stable payouts. If an investor loses 50% of their principal, the manager’s public stance is effectively, "We told you this was a high-risk derivative trading vehicle. Look at our prospectus.”
Close end funds. CEF manager behaves recklessly and lets the fund's NAV permanently decay, investors will aggressively dump the shares. The fund will trade at a deep discount to NAV. If the discount gets too wide (e.g., -15%), activist hedge funds (like Saba Capital) will buy up the shares, force their way onto the board, and liquidate or open-end the fund, firing the manager entirely.
You’re better off buying CEF, REITS, BDCS. Something with a track record behind it in terms of stability payouts. “I know what to expect regardless of NAV” type funds PDI, PTY, GOF, DNP to name a few. Yieldboost is not a SWAN, sleep well at night. It doesn’t add real economic value. With an option ETF like GraniteShares the managers have no long-term incentive to stabilize your payout. They let the income swing completely at the whim of the options market, letting the principal burn to the ground.
Yieldboost is a betting casino on market volatility. Trash.
SEMY NAV is stable between $16.8 to $17.5 for few weeks now.. dividend is very high average 40c.. Semiconductor are all doing great in April/May.. I'm expecting like 5 to 10% NAV erosion by July.. my plan is to buy a little at every dip below $16.50 to keep up with erosion.. I ran a data analysis.. after exoected NAV erosion & some DCA.. end actual return might be around 50% provided Semiconductor remains bullish.. What you think on this ETF performance in 2026?
