The Harvest Report

July 2025

14 funds paid in July 2025. 10 raised their payouts, 3 cut and 1 held steady versus June. Across the funds that publish a breakdown, an average of 65% of each payout was return of capital.

Biggest raise

BTCI +5.3%

Bitcoin High Income ETF

Biggest cut

CSHI −1.2%

NEOS Enhanced Income Cash Alternative ETF

Most return of capital

QQQI 100%

Nasdaq-100 High Income ETF

FundPaidPer sharevs. priorReturn of capital
BNDINEOS Enhanced Income Aggregate Bond ETF Jul 25 $0.2209 0.0% 71%*
BTCIBitcoin High Income ETF Jul 25 $1.4716 +5.3% 44%
CSHINEOS Enhanced Income Cash Alternative ETF Jul 25 $0.2120 −1.2% 4%
GPIQGoldman Sachs Nasdaq-100 Premium Income ETF Jul 8 $0.4345 +4.8% 96%*
GPIXGoldman Sachs S&P 500 Premium Income ETF Jul 8 $0.3516 +3.8% 89%*
HYBIEnhanced Income Credit Select ETF Jul 25 $0.3643 +0.3% 16%
IAUIGold High Income ETF Jul 25 $0.5204 −0.4% 91%*
IWMINEOS Russell 2000 High Income ETF Jul 25 $0.5616 +0.8% 82%
IYRIReal Estate High Income ETF Jul 25 $0.4703 +0.9% 22%
QQQHNasdaq-100 Hedged Equity Income ETF Jul 25 $0.4258 +2.5% 100%
QQQINasdaq-100 High Income ETF Jul 25 $0.6366 +1.3% 100%
SPYHS&P 500 Hedged Equity Income ETF Jul 25 $0.3452 +2.6% 98%*
SPYINEOS S&P 500 High Income ETF Jul 25 $0.5112 +1.3% 95%
TLTIEnhanced Income 20+ Year Treasury Bond ETF Jul 25 $0.2465 −1.0% 10%

Per-share totals paid during the month; “vs. prior” compares with the previous month’s total. * Estimated from the fund’s 19a-1 notice; final figures come from Form 8937 after the tax year. Data updated Sep 29, 2026, 3:56 AM ET. Not investment or tax advice.

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