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RE: Saving for Retirement - Stock Market Exchange Traded Funds | January 2023

in LeoFinancelast year

Sorry for the late reply. SPI is a growth fund first and foremost with it's dividend being more of a novelty for token holders that feeds a little HIVE each week.

SPI is 36 weeks into its year and as the price of holdings are always going up and down, it's hard to get a solid number. The average YTD fund value is 329,366.86 HIVE and the average dividend YTD has been 113.97 HIVE per week. This would give a APY of 3.61% based on the average value.

In general, if HIVE increases in price, the dividend APY will increase and vice versa when HIVE prices declines.

Hope that answered your question