Core Insights - Global X Japan Co. Ltd. increased its holdings in the Global X NASDAQ 100 Covered Call ETF (QYLD) by 1,752,324 shares, valued at approximately $29.43 million, as of Q3 2025, making QYLD the largest holding in its portfolio at 19.5% of reportable AUM [2][3][12] Company Overview - The Global X NASDAQ 100 Covered Call ETF (QYLD) has a market capitalization of $8.12 billion and $1.16 billion in assets under management as of Q3 2025, focusing on generating high monthly income through a covered call strategy on the NASDAQ-100 Index [5][4] - As of October 14, 2025, QYLD's share price was $17.10, reflecting a year-to-date decline of 6.2% and underperforming the S&P 500 by 9.67 percentage points [3][4] Investment Strategy - QYLD employs a strategy that tracks the CBOE NASDAQ-100 BuyWrite Index by holding NASDAQ-100 equities and writing monthly at-the-money covered call options, providing concentrated exposure to NASDAQ-100 constituents [6][8] - The fund's approach transforms daily market fluctuations into a steady cash flow, offering a near 13% annualized dividend yield while sacrificing some upside potential in bullish markets [8][10] Performance Metrics - QYLD's annualized dividend yield was reported at 13.0% as of October 15, 2025, with a forward P/E ratio of 34.04 [3][4] - The fund's performance this year, with a modest decline of 6%, contrasts with its double-digit yield, highlighting the growing appeal of predictable returns in a volatile market environment [9][10]

Core Insights - The article emphasizes the importance of investing in exchange-traded funds (ETFs) for generating dependable passive income, especially for investors preparing for retirement in 2025 [2][3] ETF Overview - ETFs trade on major exchanges like stocks and can include a variety of financial assets such as stocks, bonds, and commodities [2] - High-yield monthly pay ETFs are highlighted as a means to complement Social Security and pension payments, particularly in a rising market environment [5] Specific ETF Recommendations - **JPMorgan Equity Premium Income ETF (JEPI)**: - Dividend yield of 8.42% paid monthly - NAV of $56.83 - Expense ratio of 0.35% [4] - **JPMorgan Nasdaq Equity Premium Income ETF (JEPQ)**: - Up nearly 15% since inception - Offers a higher yield with more technology exposure [4] - **Global X U.S. Preferred ETF (PFFD)**: - Dividend yield of 11.13% paid monthly - NAV of $57.28 - Expense ratio of 0.35% [8] - **Global X SuperDividend REIT ETF (SRET)**: - Dividend yield of 6.33% paid monthly - NAV of $19.52 - Expense ratio of 0.23% [9] - **iShares National Muni Bond ETF (MUB)**: - Dividend yield of 3.13% paid monthly - NAV of $106.15 - Expense ratio of 0.05% [10] - **Global X NASDAQ 100 Covered Call ETF (QYLD)**: - Dividend yield of 11.14% paid monthly - NAV of $17.05 - Expense ratio of 0.60% [11] Market Context - The article notes that with the stock market at all-time highs, allocating capital to lower-risk income ETFs is advisable [5] - It also mentions the potential for interest rates to drop, which could benefit high-yield investments moving into 2026 [5]