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11 % is wild 🫡
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@ProMau What I find even wilder is that this ETF is a yield-destroying vehicle.
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@randomdude my biggest concern as well, can only work if cash payments is the primary goal…
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@mvarcox @ProMau Go ahead, mock me. All those cigarette/gas&oil satellite portfolios earning rounds of thumbs up compared to this near 100 positions almost-equal weight ETF - established in the mid of the upward interest rate paradigm shift, thus practically bound to go down. Bought only slightly above all-time low, watch me fill my coffers once the interest rates continue to go down (as already starting in CN). I see this as an investment for continupus cash flow generation purposes, valuation of the units held is of secondary concern (gambling position, just not $DRO or $CRWD)
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