That 85% ‘Yield’ Lost 73% in a Year: The Weekly Payday Fund That Ate Its Own NAV
· finance.yahoo.com
An 85% yield sounds like a dream until the fund paying it quietly returns your own money and calls it income. What happened to MSTY investors reveals a structural flaw hiding inside every eye-popping distribution rate.
Quick Read
MSTY's 85% yield masked a 73% total loss, while QDTE paid weekly distributions and gained 27% in share price over the same period.
MSTR fell 75% in...