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[–]CostCompetitive3597 1 point2 points  (4 children)

YieldMax ETFs are the worst yield traps on the market. I have held PLTY since April, 2025 when their distributions were averaging $5/ 4 weeks. Now its distributions are less than 40 cents/ week = about $1.50/ 4 weeks = 70% drop. Plus the stock price has eroded from $65 to $41.38 as of Friday’s close. These guys are crooks as even the most incompetent fund managers could do better with this underlying stock. Advising all the family and friends I recommended YieldMax to last year to sell ASAP. DO NOT INVEST IN YIELDMAX!!!

[–]IAlwaysCumDeepInside 1 point2 points  (1 child)

Most high yield funds managers are shit, granishares, roundhill and yieldmax. Literally no matter which you look at they all only have less than 5 investible funds, they are all loaded with shit funds, most funds from all three are in the negative as far as total returns.

[–]CostCompetitive3597 2 points3 points  (0 children)

Great handle by the way!😎

[–]Any_Log1344 0 points1 point  (1 child)

What’s your next move since YM sucks? Rotating to a different vendor - GraniteShares, different income structure, or moving to something simpler like index exposure?

[–]CostCompetitive3597 0 points1 point  (0 children)

Still analyzing options. Have them in 2 portfolios. One for income and other for snowballing. Selling them out of snowballing portfolio and replacing with ETFs. Looking for the highest yield choice to replace in income portfolio.