A CLEARER VIEW OF YOUR INCOME

Plan for income.
With clarity.

Bring your income investments together, estimate their distributions, and keep the dates that matter in view.

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ILLUSTRATIVE VIEWIncome snapshot
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$2,486/mo
Sample average monthly estimate
HoldingsEntered by you
Next ex-dateEntered by you
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FOR INCOME INVESTORS
ETFsREITsBDCsCEFs
YOUR PLAN, YOUR PACE
YIELDFOLIOS INCOME PLANNER

See your income
in one place.

Add investments manually and get an annual income estimate, a smoothed monthly view, your cost basis, and the ex-dividend dates you entered.

EST. MONTHLY INCOME$0Annual estimate divided by 12
EST. ANNUAL INCOME$0From your entered distributions
PORTFOLIO COST$0Shares × average cost
INCOME ON COST—Estimated annual income ÷ cost basis

Your holdings

Use the latest distribution per share and choose its payment frequency.

INVESTMENTTYPESHARESAVG. COSTDIVIDEND / SHAREFREQUENCYNEXT EX-DATEANNUAL INCOME
+Your plan starts here.Add your first holding to estimate its income.

Income by month

Annual estimate smoothed evenly across the year.

AVERAGE

Upcoming ex-dates

From the dates you entered.

Add holdings with ex-dividend dates to see them here.

Planning estimate only. Monthly figures are annualized averages, not a prediction of payment timing. Distributions can change or be suspended. Confirm dates and amounts with the fund or your broker. This planner does not provide investment, tax, or legal advice.

THE YIELDFOLIOS NOTEBOOK

Free articles for
the income-minded.

Plain-language introductions to common income investments, with questions to bring to your own research.

Covered call ETFs: where the income comes from

A look at option premiums, distributions, and the upside an investor may trade away.

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A covered call strategy generally combines exposure to stocks or an index with selling call options. The option buyer pays a premium for the right to buy at a set price. A fund can use premiums to support distributions, but the payment is not guaranteed income or a measure of total return.

If the market rises above an option's strike price, the fund may give up some gains on the assets covered by the calls. If the market falls, the premium may provide a cushion, but it cannot prevent losses in the underlying portfolio. The amount of upside traded away depends on how many calls the fund writes and how it sets the strike prices and expirations.

Questions to ask: What does the fund own? How much of the portfolio is covered by calls? How have NAV and market-price total returns behaved in rising and falling markets? What does the latest distribution notice say about payment sources?

Further reading: Investor.gov: Mutual Funds and ETFs

REITs: understand the property behind the payout

REIT distributions are only one part of the story. Start with the business and its balance sheet.

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Equity REITs generally own or operate income-producing properties. Mortgage REITs invest in mortgages or mortgage-related assets. The cash available for distributions depends on the properties or loans, operating costs, financing, capital needs, and market conditions.

For a property-owning REIT, look at property types, tenant concentration, occupancy, lease expirations, and debt maturities. For mortgage REITs, understand the interest-rate, funding, credit, and leverage risks. Listed REIT shares can fall with the broader market even when current rent collections appear steady.

For equity REITs, funds from operations (FFO) is often used as a supplemental measure, but definitions vary and FFO does not replace a full review of cash flow or the balance sheet. Review current filings and distribution announcements rather than relying on a headline yield.

Further reading: Investor.gov: REITs

BDCs: look through the yield to the borrowers

Business development companies lend to and invest in smaller businesses. Credit quality matters.

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Many BDCs provide financing to private or middle-market companies. A portfolio may include different loan ranks, debt and equity investments, and exposure to many industries. The income from those investments can support distributions, but borrowers can miss payments or face financial stress.

When reviewing a BDC, look at portfolio concentration, first-lien exposure, loans on non-accrual, net asset value (NAV) trends, financing costs, and leverage. Compare recurring net investment income with regular distributions over several periods, while recognizing that past coverage does not guarantee future payments.

Private-company loans may not trade frequently, so reported valuations involve estimates. A high yield may reflect the market's view of risk. Read the latest filings, portfolio schedules, and fee disclosures.

Further reading: SEC Investor Bulletin: Publicly Traded BDCs

CEFs: compare market price with net asset value

Closed-end funds can trade at a premium or discount, and some use leverage.

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A closed-end fund generally raises capital and then its shares trade on an exchange. The market price may be above or below the net asset value (NAV) per share. A discount can widen, and a premium can shrink; neither automatically predicts future performance.

Some funds use leverage or hold less liquid assets. These features can amplify gains and losses or raise costs. Compare both NAV total return and market-price total return, and look at the fund's discount history, fees, liquidity, portfolio, and leverage.

A regular distribution schedule can make cash flow look predictable, but a payment may include investment income, realized gains, or return of capital. Read distribution notices and year-end tax documents. The distribution rate alone does not show the fund's total return or whether it fits your plan.

Further reading: SEC Investor Bulletin: Closed-End Funds

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