MSTY lost 70% of its value over the past year, turning a $10,000 stake into roughly $6,600 even as weekly distributions from MSTR's covered-call strategy kept arriving.
Distributions are taxed as ordinary income and portions arrive as return of capital, stacking tax drag directly on top of MSTY's structural NAV erosion.
JEPI and XYLD spread covered-call income across hundreds of names at a fraction of MSTY's cost, eliminating the single-stock volatility risk that drives its headline yield.
It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor)
If you put $10,000 into MSTY a year ago, then you watched it shrink to roughly $6,614 before the IRS even sent a bill. The weekly checks kept landing, but the account balance kept sinking. That gap in income and performance is the entire product story.
#distributions #weekly
Distributions are taxed as ordinary income and portions arrive as return of capital, stacking tax drag directly on top of MSTY's structural NAV erosion.
JEPI and XYLD spread covered-call income across hundreds of names at a fraction of MSTY's cost, eliminating the single-stock volatility risk that drives its headline yield.
It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor)
If you put $10,000 into MSTY a year ago, then you watched it shrink to roughly $6,614 before the IRS even sent a bill. The weekly checks kept landing, but the account balance kept sinking. That gap in income and performance is the entire product story.
#distributions #weekly
5 hours ago
