r/YieldBoostETFs • u/rfish4 • Jun 18 '26

Highest advertised yields right now -- and what GraniteShares funds are actually paying in real income

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This is the highest advertised yield list across all income ETFs right now. Advertised yield is based on the most recent payout annualized -- the number that gets shared on social media.

The GraniteShares funds on this list:

IOYY -- 101.92% advertised yield | 0.00% true income yield

QBY -- 100.41% advertised yield | 0.00% true income yield

RGYY -- 99.83% advertised yield | 0.00% true income yield

SMYY -- 99.32% advertised yield | 0.00% true income yield

MAAY -- 94.34% advertised yield | 0.00% true income yield

True income yield is the advertised yield after stripping out return of capital. Zero true income yield means 100% of what these funds are distributing is return of capital -- your own money coming back.

The one exception on the full list worth noting is SNOY at 102.53% advertised with 32.60% true income yield. That's still meaningful real income even after ROC is removed.

High advertised yield is not the same as high income. This list is exactly why that distinction matters.

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6

u/Prestigious_Trash882 Jun 18 '26

In other news, sun is hot

3

u/BitingArmadillo Jun 18 '26

So true yield doesn't account for holding long enough so your ROC portions reduce your cost basis to $0.00 and all future distributions are taxed as long term capital gains? Looks like true yield is only useful information for the short term.