DIVO
Amplify CWP Enhanced Dividend Income ETF
stock NYSE ETF

Replace QQQI, SPYI, MSTY with DIVO and IDVO. Replace SCHD with SCHG.

I'm also retired. I would be careful with all but DIVO and IDVO as the track record of every other covered call strategy ETF isn't good in one way, the NAV not keeping up with inflation. If you look at every CC ETF over the last year, the NAV didn't beat inflation (sans DIVO and IDVO).
The problem with the NAV not keeping up with inflation, is that means the yield may not keep up with inflation as well. So I support DIVO and IDVO (I own both), but I can't support any other CC ETFs.
Other ETFs to consider is PBDC (business development companies ETF), JBBB (CLO ETF), and BINC (multi-sector bond ETF). Actually, a super simple high-dividend portfolio is equal parts PBDC, DIVO, IDVO, JBBB, and BINC (rebalanced yearly).

It's possible, but typically only when you look at history to find those that were previously a success. Picking what will generate a 8% yield in the future without erosion (including inflation) is a lot more challenging. Also, we've had a really good market for the last 15 years (with a few short-lived pull-backs). Most investors shooting for 8% yields were not investing in the 2000's (I've been investing for 38 years).
I would agree that business development companies could be one of the better possibilities (I own PBDC). I don't believe many covered call strategy ETFs will have NAVs that outpace inflation as they're too yield-focused. If you look at the last 12 month price of virtually every CC ETF, they didn't beat inflation (JEPQ was -2.18% for example). The only exceptions are DIVO and IDVO, because they aim for a more sensible and realistic yields (4.5-5.5%). I own DIVO and IDVO.
In my opinion, a really good, simple, high-dividend yielding, and low-volatility portfolio is equal parts PBDC, DIVO, IDVO, JBBB, BINC. In the last 2 years, the yield is 7.83% and beta is 0.44. But, I wouldn't expect that yield to continue long-term.
[https://testfol.io/?s=jRdPrsejDSx](https://testfol.io/?s=jRdPrsejDSx)

Looking for advice. If you had 300K in a taxable brokerage and wanted to split it up evenly into 3 high paying dividend EFTS, which would you choose? I’m looking at JEPI, JEPQ and SPYI. It looks like the 3 of these would average around a 10% yearly dividend payout currently?
I’m trying to stay away from what looks to be higher yield, but more risk EFTs like MSTY or ULTY. But I’m also hoping for better payouts than SCHD or DIVO.
Thanks for any advice.
Additional info: I would take around 70% of the dividend payout as income and reinvest 30% equally into the 3 EFTs

I am retired. My initial strategy was dividend growers such as SCHD, DGRO, VIG, etc. spending all dividends while not touching principle. Recently I have sold some of these to experiment with covered calls (DIVO and JEPQ). Those have been winners in both growth and dividend since I bought them. Meanwhile the growers like SCHD have been a drag on my portfolio balance.
I am considering shifting all equities to higher dividend funds like GPIX, GPIQ and IDVO and reinvesting half of the (over doubled) dividends. My thinking is that with reinvested dividends, this new approach would lead to both higher income and growth over time. Thoughts?

It had a good run up in 2021 and reasonable performance prior to that, coupled with holdings blue chips, lower vol than SPY and 3%+ dividends, it gained popularity on social media. Since then it's been underperforming -- there are ETFs that perform a similar role in a portfolio that have been outperforming SCHD significantly, in recent years but also when you look at total performance on higher time scales. I like DIVO, FDL, YLSE, and AUSF, and I'm sure there are a bunch more.

Replace QQQI, SPYI, MSTY with DIVO and IDVO. Replace SCHD with SCHG.

I'm also retired. I would be careful with all but DIVO and IDVO as the track record of every other covered call strategy ETF isn't good in one way, the NAV not keeping up with inflation. If you look at every CC ETF over the last year, the NAV didn't beat inflation (sans DIVO and IDVO).
The problem with the NAV not keeping up with inflation, is that means the yield may not keep up with inflation as well. So I support DIVO and IDVO (I own both), but I can't support any other CC ETFs.
Other ETFs to consider is PBDC (business development companies ETF), JBBB (CLO ETF), and BINC (multi-sector bond ETF). Actually, a super simple high-dividend portfolio is equal parts PBDC, DIVO, IDVO, JBBB, and BINC (rebalanced yearly).

It's possible, but typically only when you look at history to find those that were previously a success. Picking what will generate a 8% yield in the future without erosion (including inflation) is a lot more challenging. Also, we've had a really good market for the last 15 years (with a few short-lived pull-backs). Most investors shooting for 8% yields were not investing in the 2000's (I've been investing for 38 years).
I would agree that business development companies could be one of the better possibilities (I own PBDC). I don't believe many covered call strategy ETFs will have NAVs that outpace inflation as they're too yield-focused. If you look at the last 12 month price of virtually every CC ETF, they didn't beat inflation (JEPQ was -2.18% for example). The only exceptions are DIVO and IDVO, because they aim for a more sensible and realistic yields (4.5-5.5%). I own DIVO and IDVO.
In my opinion, a really good, simple, high-dividend yielding, and low-volatility portfolio is equal parts PBDC, DIVO, IDVO, JBBB, BINC. In the last 2 years, the yield is 7.83% and beta is 0.44. But, I wouldn't expect that yield to continue long-term.
[https://testfol.io/?s=jRdPrsejDSx](https://testfol.io/?s=jRdPrsejDSx)

Looking for advice. If you had 300K in a taxable brokerage and wanted to split it up evenly into 3 high paying dividend EFTS, which would you choose? I’m looking at JEPI, JEPQ and SPYI. It looks like the 3 of these would average around a 10% yearly dividend payout currently?
I’m trying to stay away from what looks to be higher yield, but more risk EFTs like MSTY or ULTY. But I’m also hoping for better payouts than SCHD or DIVO.
Thanks for any advice.
Additional info: I would take around 70% of the dividend payout as income and reinvest 30% equally into the 3 EFTs

I am retired. My initial strategy was dividend growers such as SCHD, DGRO, VIG, etc. spending all dividends while not touching principle. Recently I have sold some of these to experiment with covered calls (DIVO and JEPQ). Those have been winners in both growth and dividend since I bought them. Meanwhile the growers like SCHD have been a drag on my portfolio balance.
I am considering shifting all equities to higher dividend funds like GPIX, GPIQ and IDVO and reinvesting half of the (over doubled) dividends. My thinking is that with reinvested dividends, this new approach would lead to both higher income and growth over time. Thoughts?

It had a good run up in 2021 and reasonable performance prior to that, coupled with holdings blue chips, lower vol than SPY and 3%+ dividends, it gained popularity on social media. Since then it's been underperforming -- there are ETFs that perform a similar role in a portfolio that have been outperforming SCHD significantly, in recent years but also when you look at total performance on higher time scales. I like DIVO, FDL, YLSE, and AUSF, and I'm sure there are a bunch more.

$200K in 2024. I just divided by 12 for an average of $15K/month. SCHD, JEPI, JEPQ, DIVO, CD’s, IDVO.