IAUI
NEOS Gold High Income ETF
stock BATS ETF

There's some NAV erosion, but it depends at the period of time you're viewing it. Overall most of their funds actually have NAV appreciation. Yes, some are eroding, but the underlying assets are eroding, not the fund. And sometimes, depending on the period of time, the underlying assets could be depreciating and the fund NAV is depreciating, but to a lesser extent, and that's how the funds usually work, they do ok in a bear, but lag the bull, while still paying you distributions. I know because I own and track BTCI, IAUI, NEHI.

There's some NAV erosion, but it depends at the period of time you're viewing it. Overall most of their funds actually have NAV appreciation. Yes, some are eroding, but the underlying assets are eroding, not the fund. And sometimes, depending on the period of time, the underlying assets could be depreciating and the fund NAV is depreciating, but to a lesser extent, and that's how the funds usually work, they do ok in a bear, but lag the bull, while still paying you distributions. I know because I own and track BTCI, IAUI, NEHI.

it is a great way to make money off of Gold. Most gold investors are holding it but not making any money from it Gold covered call funds like IAUI, IGLD, KGLD make holding physical gold obsolete but they are not as tax efficient.

How are you feeling about IAUI? I’m debating adding more to it.