The YouTuber advises against QDT for stable income seekers due to its deteriorating price, despite a high dividend yield of 21.9%. While it has a strong total return year-to-date due to dividends, the underlying price has declined significantly. The fund is new, and its strategy, which involves zero-day-to-expiration covered calls and synthetic positions, is complex and currently results in high volatility (beta of 1.2) and a high expense ratio.
“I would not recommend for those that are looking for stable income because the price right now is deteriorating and it makes it more like, well, a reverse mortgage.” — ▶ 18:00