DJIA dividend & DRIP calculator

The distribution rate annualizes recent payouts; the SEC 30-day yield measures net investment income under a standardized formula. For option-income funds the gap is normal — premiums and return of capital can fund distributions well above earned income. Neither number is a forecast of total return.

No. Its distributions depend on option premiums and market conditions, and funds like this have raised and cut payouts without notice. That's why this page's calculator includes a distribution-cut stress preset.

No — and it doesn't try. This is an educational scenario tool: it shows the arithmetic consequences of assumptions you choose. It makes no recommendations and no predictions.

The written index calls can cap gains above their strike during each option period. The exact tradeoff changes with option premiums and market moves, so it is visible only in the fund's total-return path, not its payout alone.