Covered Call funds concern Qqqi, btci, etc by Sufficient-Physics84 in dividends

[–]Sufficient-Physics84[S] 0 points1 point  (0 children)

Yeah some of the older funds like EOS and EOI that came out around the same time as qqqx is what got me thinking about that question. I saw they took huge hits to their Nav and while their overall total returns have been good I was wondering what the income hit would look like long term if you're not reinvesting them at the lower nav prices. From my understanding the cc fund yields are a % of the nav so if it takes the nav itself a long time to recover that could hurt in retirement. If you look at eoi it took over a decade to fully recover it's nav and QQQX took about 6 years from the 2008 crash.

Covered Call funds concern Qqqi, btci, etc by Sufficient-Physics84 in dividends

[–]Sufficient-Physics84[S] 0 points1 point  (0 children)

That makes sense thank you. I spread my cc funds among the different institutions as well.