ULTY: A Yield Trap, Still A Sell (NYSEARCA:ULTY)
· seekingalpha.com
YieldMax Ultra Option Income Strategy ETF is underperforming, posting negative total returns despite a high AUM & eye-catching distribution rate. More on ULTY.
We last covered the YieldMax Ultra Option Income Strategy ETF ( ULTY ) more than a year ago, when we assigned the fund a 'Sell' rating. At the time we argued th...