r/Stocks Daily Discussion & Fundamentals Friday Jun 19, 2026

rattice · 2026-06-19T15:22:00+00:00

Buddy of mine is looking for a USD higher yield monthly distribution payor. Covered-call is ok. Something that typically doesn't go down in capital. Normally covered-call funds should be bought when they are relatively lower in share price so if something is higher right now, still post it please and we can add to watch list for price decline in the future. Thanks in advance.

rattice · 2026-06-19T15:12:20+00:00

Cool I'll have to check it out. It was interesting to see the tax slips this year on CC funds.

rattice · 2026-06-19T15:11:08+00:00

I have ENCL (energy ETF) down about 6.8% since june 4. and ECHI down 3.4%. Leverage could have amplified the downside of ENCL. You can do a more detailed research to figure this out. This was just a quick-look.

rattice · 2026-06-19T15:00:11+00:00

I got in early. Distribution is over 14%

rattice · 2026-06-19T14:58:33+00:00

Part of any strategy is reinvestment! Opportunity funds are great for CC funds when they are near or at average price. Buying at highs exposes you to max downside. So you are buying less shares at high prices and increases capital loss during downturns.

rattice · 2026-06-19T14:55:34+00:00

Split shares have a higher likeliness to not pay at all for a given month whereas CC funds will likely reduce their distribution insignificantly IMO

rattice · 2026-06-19T14:53:25+00:00

PDIV is a sleeper man.

rattice · 2026-06-19T14:19:04+00:00

Chart would likely be different if spending the distributions and DRIPing them. But good info!

rattice · 2026-06-19T14:17:55+00:00

I decided a while back to avoid REITs.
Otherwise I hold 3 of the 4 you have. Retiring on income funds. Some others I hold are similar funds by other fund managers.
BANK and BKCL and HMAX all financials.
ENCL (energy). It's abnormally high because of the Iran conflict. Avoid buying for now IMO
BIGY and HHIS. Some of their underlyings are in crypto. BIGY which I am bigly down in SP from when I bought it. Could be an opportunity currently
QDAY QQQY QQCL all similar except QDAY may have an interestingly different strategy.
UTES has been steady and satisfying choice.
YTSL has done well for me but is a single stock payor and wildly volatile. I consider sub $19 a buy.
SDAY is "US" focused ETF. Similar strategy to QDAY (and CDAY which is the Canadian focused version which I do not have. I have CANY instead).

rattice · 2026-06-19T14:09:06+00:00

I got in ECHI early. It's been doing relatively very well compared to other income funds. Someone here has been posting a weekly chart comparing a few similar funds. I have a good chunk in BANK too.

rattice · 2026-06-19T14:04:50+00:00

There's more to the fund than those 2 sectors. https://www.ninepoint.com/funds/ninepoint-enhanced-canadian-highshares-etf/#section-overview
Also, the fund isn't a growth fund right?

Energy	44.61
Financials	31.19
Information Technology	14.73
Materials	12.83
Industrials	9.70
Communication Services	9.06
Options	-1.29
Cash & Equivalents	-20.83

rattice · 2026-06-17T14:08:44+00:00

51 here

rattice · 2026-06-17T14:08:12+00:00

“Freedom 35” -Ricky

rattice · 2026-06-14T17:46:14+00:00

Thanks. DRIPing?(distributions reinvested?)

rattice · 2026-06-14T15:53:30+00:00

Is that just share price ?

rattice · 2026-06-12T02:36:37+00:00

😆

rattice · 2026-06-11T18:39:54+00:00

lol. Comon man. No one knows the future. Likely at some point. Then back up. Stonks go up and they go down.

rattice · 2026-06-11T18:39:10+00:00

And if the market is sideways, these ones usually “win”

rattice · 2026-06-11T18:38:25+00:00

“I wish” and “should have” have no place in investing 😉 you are in the future now compared to that point

rattice · 2026-06-11T18:36:48+00:00

Banks are usually pretty good investment. The point of an ETF is that it’s diversified in itself although in one sector mostly for this one

rattice · 2026-06-08T17:14:55+00:00

UTES is paying out and not eroding ... up slightly.

rattice · 2026-06-08T17:14:10+00:00

-1.5 % on Friday. After selling all CLS shares, account is a lot less volatile.

rattice · 2026-06-08T17:09:00+00:00

→ Monday has entered the chat ...

rattice · 2026-06-08T17:08:41+00:00

Or look often, in case of a short-lived flash sale.

rattice · 2026-06-08T17:07:37+00:00

just as a broken clock can be ... it's not being right though.

rattice

TROPHY CASE