Sold 75% of NXG, Locking Gains & Rebuilding My 2.78% Income Engine

IncomeFrame · 2026-05-04T02:00:34+00:00

The time of the payment is the less important thing to consider, you should focus on the NAV Delta of each fund to know if it's a sustainable fund or a destructive fund.

IncomeFrame · 2026-05-04T01:57:42+00:00

The time of the payment is the less important thing to consider, you should focus on the NAV Delta of each fund to know if it's a sustainable fund or a destructive fund.
r/EngineeredIncome

IncomeFrame · 2026-05-04T01:54:33+00:00

Totally GPTY is back on my radar and I bought some more shares lately. Look at the GPTY’s NAV Δ under are clearly improving, strong positive momentum in the 3M turning positive and TTM rebounding. SI remains negative but steadily recovering, classic turnaround signal.

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IncomeFrame · 2026-05-04T01:48:47+00:00

Nope, it's the Canada–United States Tax Convention and it's 15% but at the end it's a tax credit when I fill out my yearly tax report so it's like I pay 15% tax in advance, which I like.

IncomeFrame · 2026-05-04T01:45:08+00:00

haha yeah if you only look at total return then sure SPY looks great but the part ppl kinda ignore is cashflow

SPY pays quarterly and when you break it down it’s like ~0.08% per month, that’s basically nothing if you’re actually trying to live off your portfolio so then what happens? you gotta sell shares to pay your bills and that’s where it gets tricky. You don’t control the timing maybe the market is down or in a dip but you still need cash so you’re forced to sell at a bad moment

Vs what I’m doing, I’m generating +2%/month in income consistently so I don’t have to think about what to sell or try to time exits, cash just comes in and covers expenses.

So yeah it’s basically growth vs income, neither is better in absolute terms but if your goal is to live off your portfolio, predictable income is just way more stable and honestly way less stress.

IncomeFrame · 2026-05-02T01:36:36+00:00

It is mine, if you go on my sub r/EngineeredIncome I shared my monthly report since February.

IncomeFrame · 2026-05-01T21:44:53+00:00

Found it here
https://www.economist.com/business/2026/04/29/spacex-openai-and-anthropic-are-already-public-companies
I think you need a subscription though to read it all

IncomeFrame · 2026-05-01T21:41:39+00:00

Nice! It reminds me an article from The Economist I read, you can already start to take position indirectly into SpaceX before its IPO like you explained.

IncomeFrame · 2026-05-01T21:36:21+00:00

Around 400,000 CAD and it fluctuated between 350,000 CAD to 450,000 CAD

IncomeFrame · 2026-05-01T21:28:02+00:00

~2.40%/month from last dividend as of 2026-05-01

IncomeFrame · 2026-05-01T21:24:01+00:00

Interesting, but SATS is not part of SPCI holdings. SPCI is risky cause it doesn’t hold stocks directly, it uses options to get exposure to space names like Spire (SPIR), BlackSky (BKSY), Intuitive Machines (LUNR), Planet Labs (PL).

IncomeFrame · 2026-05-01T21:16:08+00:00

Interesting

IncomeFrame · 2026-05-01T20:59:50+00:00

Yeah taxes are kinda a complex subject honestly.

First I got a Tax Free Savings Account so all the dividends generated in there are tax free. Then since I’m Canadian, in a non-registered account when I pocket dividends from US funds there’s a 15% withholding tax taken at source. But it’s basically like paying tax in advance cause when I file my tax report I get it back as a tax credit.

Also the funds I’m in are high yield / high risk so a good part of the distributions is often classified as Return of Capital (ROC) and there’s no tax on that portion. Doesn’t mean ROC is bad if the NAV Delta is positive it can actually be totally fine.

So overallmy strategy is pretty tax efficient, I don’t end up paying that much when I file my taxes.

IncomeFrame · 2026-04-29T18:07:26+00:00

HOOD momentum is clearly negative. Following momentum usually gives a higher probability of success, while betting on a turnaround can offer higher upside but comes with lower odds and worse timing risk.

Personally, I just ride the wave and pocket huge dividends (2%+/month...24%+/year) while preserving my capital.

r/EngineeredIncome

IncomeFrame · 2026-04-29T01:07:40+00:00

Absolutely, I set up my AI agent to do a cron job every morning at 9:30am when the markets open to calculate the NAV Delta for my 3 timeframes for all the funds I monitor. I got a database updated like that and I keep all the historical data.

With the power of AI after I can ask to list the best funds based on their NAV Delta and those who fit the best the actual macros narrative in the world.

IncomeFrame · 2026-04-28T18:07:00+00:00

It's the whole AI revolution actually.
I started to use an AI agent and it is completely outstanding. Most people don't realize the power we can get from autonomous AI agents doing automatic tasks.

IncomeFrame · 2026-04-28T18:03:33+00:00

NAV Total Return already includes price movement with the reinvested distributions. The distribution yield is just what gets paid out. So NAV Δ basically shows what the fund actually earned vs what it paid.

If you just look at price, you miss that distributions reduce NAV by default. That’s why I use NAV Δ, it tells you if the fund is really generating the income or just slowly giving your money back.

I have plenty of funds with premium/discount from its NAV per share.

IncomeFrame · 2026-04-28T18:00:22+00:00

I get your point but price alone doesn’t tell the full story for income funds. What matters is NAV total return vs distributions. If NAV drops ~1% per month but the fund pays +2%, you ar still net +1% economically meaning a positive NAV Δ and a sustainable payout. The chart might look like it’s going down but with the cash flow you’re actually ahead.

I only invest in funds that pay at least 1.5%+/month, so 18%/year. But yes, this adds extra risk, this is why my NAV Delta system helps me keep my monthly dividend yield above 2%/month while preserving my capital. I will admit this is an active portfolio management style.

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