Hamilton Utilities YIELD MAXIMIZER ETF T.UMAX

RE:RE:RE:RE:What?

[Quintessential1]

I am as curious as you about this.

For comparison I offer up HMAX which is the same Hamilton brokerage offering only in Financials.

Yielding about 1% less and having its payout cut since inception it has started to increase its NAV.

I am not sure if its NAV will continue to rise but I did notice its payout was cut again this month even though its NAV is increasing.

My question is will UMAX's NAV ever reverse coarse and start to increase with its payout already cut less than HMAX's to .16 per month but yielding higher because of the low NAV.  

Are these funds just managed poorly or will they ever look sustainable at a regular yield and NAV level?

GLTA

Sirlostalot wrote: Hello 1condor , I hear you on the CC vs non CC performance , I should know better but still get lured in  by the massive distribution, I guess I'm always hoping this time will be different but it never is . Have always wondered where funds like this ultimately end up a decade from now if distributions are slashed or NAV just continues to erode or most likely both , have a good day.