My UTES share price or NAV has been negative for the past year (not including distributions) so some might say that is the NAV erosion associated with covered call ETFs. Yet here we are today back in the green!! Sector rotation has made utilities popular again or maybe demand is greater. 💚 I’ve collected over a years worth of distributions that proves good quality covered call ETFs do produce sustainable income!! 🤑 And I haven’t lost any of my capital. ✅
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35 Comments
Andy Passive Income@AndyPii · 5mo
Haters gonna hate. Investors will invest 👊🏼
Christopher J@cjs033 · 5moEdited
$UTES is a great defensive ETF and pays well too. It’s my largest position in my margin account. Average price of $9.13 😉
Dave @dave1970 · 5mo
Love it P . 😀 OILY - HUTE - ENCL - UTES .. anchors ⚓️ of the portfolio for the next 10 yrs at least..
Mitchell Muir@mitchell2025 · 5mo
If I become a fan of something (stock/etf) I would rather not sell a position. Collecting distribution I prefer so I don’t have to sell and rebuy later
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