The Harvest Report

November 2025

17 funds paid in November 2025. 4 raised their payouts and 13 cut versus October. Across the funds that publish a breakdown, an average of 68% of each payout was return of capital.

Biggest raise

JEPQ +6.6%

JPMorgan Nasdaq Equity Premium Income ETF

Biggest cut

BTCI −21.7%

Bitcoin High Income ETF

Most return of capital

NIHI 100%

MSCI EAFE High Income ETF

FundPaidPer sharevs. priorReturn of capital
BNDINEOS Enhanced Income Aggregate Bond ETF Nov 28 $0.2302 −0.5% 72%*
BTCIBitcoin High Income ETF Nov 28 $1.0181 −21.7% 44%
CSHINEOS Enhanced Income Cash Alternative ETF Nov 28 $0.2045 −2.3% 4%
GPIQGoldman Sachs Nasdaq-100 Premium Income ETF Nov 7 $0.4737 +3.5% 97%*
GPIXGoldman Sachs S&P 500 Premium Income ETF Nov 7 $0.3756 +1.8% 90%*
HYBIEnhanced Income Credit Select ETF Nov 28 $0.3374 −2.1% 16%
IAUIGold High Income ETF Nov 28 $0.5706 −1.7% 90%*
IWMINEOS Russell 2000 High Income ETF Nov 28 $0.5732 −2.9% 82%
IYRIReal Estate High Income ETF Nov 28 $0.4460 −3.8% 22%
JEPIJPMorgan Equity Premium Income ETF Nov 5 $0.3464 −4.1% Not published
JEPQJPMorgan Nasdaq Equity Premium Income ETF Nov 5 $0.4755 +6.6% Not published
NIHIMSCI EAFE High Income ETF Nov 28 $0.4038 +0.3% 100%*
QQQHNasdaq-100 Hedged Equity Income ETF Nov 28 $0.4062 −1.6% 100%
QQQINasdaq-100 High Income ETF Nov 28 $0.6304 −2.2% 100%
SPYHS&P 500 Hedged Equity Income ETF Nov 28 $0.3549 −0.8% 95%*
SPYINEOS S&P 500 High Income ETF Nov 28 $0.5216 −1.0% 95%
TLTIEnhanced Income 20+ Year Treasury Bond ETF Nov 28 $0.2377 −1.7% 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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