Oct. 16 at 7:06 PM
$COYY I was reading about these yield ETF's in general, and it seems that erosion is natural.
If it gains too much week by week, the goal is to increase the dividend versus letting the value to go up by a substantial amount. Thats the whole point of the thing. And by that logic, I sure hope the payout holds through the value dip, and in times of good fortune, we get a hyper boost for a few weeks.
Time will tell.
60k of my dollars tied up, I sure hope it isnt the dumbest investment I ever made.!!.