Yeah the way I look at it, if I lose 50% of capital to maintain high yield, then its all good. It is almost expected to be sustainable. It hasn't worked out like that however, as according to my spreadsheet, if you bought msty at launch your position would be: Start date 22-Feb-2024 10-Jun-2025 Price 21.19 Investment $100,000 Shares 4,719 Unrealized gains/loss $94.38 Dividends received $181,069.37 Yield 181.07% NAV $281,164 Monthly income $12,071.29 (No drip) Even if you bought at the highs: Start date 28-Mar-2024 10-Jun-2025 Price 42.99 Investment $100,000 Shares 2,326 Unrealized gains/loss -$50,662.94 Dividends received $89,250.06 Yield 89.25% NAV $138,587 Monthly income $5,950.00 (No drip) However if you bought at the recent highs Start date 20-Nov-2024 10-Jun-2025 Price 44.40 Investment $100,000 Shares 2,252 Unrealized gains/loss -$52,229.73 Dividends received $41,354.50 Yield 41.35% NAV $89,125 Monthly income $5,169.31 (No drip) So as usual, timing is everything.
How about some preferred stocks? The best performing kind Some mstr bulls are treating STRK and STRF as guaranteed risk-free alternative to US Treasuries with 8% and 10% yields Unfortunately the fixed income investors, are starting to figure it out, some mstr bulls are saying these things will eventually yield less than US 30yr Tresuries They are up 20-30% the past few months, trading above par and still going up, the preferred shares price go up, the effective yields go down As an aside, they were designed using AI new one that's about to come out is STRD, the "junk" bond version of the mstr preferred stocks, due to non-guaranteed dividends