MSTY Dividend Calculator
Project dividend-reinvestment (DRIP) growth, income, and yield on cost for YieldMax MSTR Option Income Strategy ETF (MSTY). Pre-filled with illustrative figures — edit them with current numbers.
About MSTY
MSTY uses a synthetic covered-call strategy on MicroStrategy (MSTR) to generate an extremely high monthly distribution. It is one of the highest-yielding and most volatile income products available: the payout varies enormously month to month and the share price is prone to severe erosion. This is a very high-risk, speculative income fund — set the price-growth input cautiously (often negative) when modelling it.
MSTY is a covered-call income etf from YieldMax that distributes monthly. Because dividend investing is about both income and the growth of that income, the calculator above lets you model three things independently for MSTY: the starting yield, how fast the dividend grows each year, and how fast the share price appreciates. That separation matters most for covered-call funds, where a high headline yield often pairs with little or no price growth — so the "stock price growth" input should usually be modest.
How to use the MSTY calculator
- Replace the pre-filled yield with MSTY’s current dividend yield from your broker or the fund’s page.
- Set your initial investment and monthly contribution.
- Estimate the dividend growth rate and price growth rate. For a covered-call income etf these can differ a lot — be realistic rather than optimistic.
- Choose your dividend tax rate and whether to reinvest (DRIP), then read the projected value, dividends received, and yield on cost.
The full math, including how the money-weighted return is computed, is on the methodology page.
MSTY dividend calculator FAQ
- How does this MSTY dividend calculator work?
- It runs a month-by-month projection: each month it adds your contribution, pays a dividend based on the yield you enter, optionally reinvests it (DRIP), then applies price growth. The page loads with illustrative figures for YieldMax MSTR Option Income Strategy ETF; replace them with the current yield and your own assumptions for an accurate projection.
- What yield should I use for MSTY?
- Use MSTY's current dividend yield from your broker or the fund page, not the example value pre-filled here — yields move with the share price and the distribution. For covered-call funds the headline yield is high but often comes with little or no price growth, so set the price-growth input realistically.
- Does MSTY pay monthly or quarterly?
- YieldMax MSTR Option Income Strategy ETF pays monthly. This calculator projects annual totals and compounds monthly, so it works the same regardless of the actual payment schedule — the monthly cadence just affects when cash actually lands in your account.
- Is the MSTY projection a guarantee?
- No. It is an educational projection based on the assumptions you enter, held constant. Real dividends can rise, be cut, or stop, and prices fluctuate. Use it to compare scenarios, not to predict returns, and never rely on a single calculator for an investment decision.