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Gold income ETFs are the most overlooked category in my portfolio.

Most income investors have never heard of them. Even experienced ETF investors are surprised when I mention that three gold-related ETFs generated $445.18 in May distributions alone — more than my core covered call positions JEPI and JEPQ combined.

GDXW, GDXY, and KGLD are not your typical gold ETFs. They don't just hold gold bullion or gold miners and wait for the price to appreciate. They combine gold mining exposure with covered call income strategies — generating substantial monthly and weekly distributions while maintaining exposure to one of the world's oldest inflation hedges.

This is the issue I get asked about most by readers. Single-stock income ETFs generate enormous curiosity — and enormous confusion. Let's clear both up.

THE YIELD SNAPSHOT — JUNE 2026 UPDATE

June distributions are accumulating across all 37 positions as the month progresses. My weekly payers have been hitting my account consistently every week. Monthly payers complete at month end.

I'm tracking whether June crosses the $5,000 monthly milestone. The full Q2 comparison — April, May, and June side by side — comes in Issue #10 on July 7th once June numbers are complete.

  • April 2026: $4,137.34 — baseline month

  • May 2026: $4,576.41 — +10.6% growth

  • Gold ETF income: $445.18 — May 2026 alone

The complete gold income ETF analysis — why I hold each position, how they work as an inflation hedge, and my honest take on GDXY's concerning ROC situation — is below for Core and Premium subscribers. Start your free 7-day trial → theyieldletter.com/upgrade

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