Loading SPYI's live yield…
Uses SPYI's live distribution rate, a FLAT payout assumption, and modest 3%/yr price growth. Assumes every payout is reinvested (DRIP) and no taxes (like a Roth IRA). These are assumptions, not predictions. Want taxes and the year-by-year chart? Open the full calculator →
Computed from SPYI's live yield — income in year one, before taxes, paid monthly.
| Invested in SPYI | Income / Year | Income / Month |
|---|---|---|
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See every payment SPYI has ever made — with the next expected ex-dividend date — on the SPYI dividend history page.
Most SPYI calculators make you guess the inputs. This one fetches live market data: the yield is SPYI's last twelve months of actual payments divided by today's price, recomputed every time the page loads. We assume zero payout growth: SPYI targets a steady high distribution rather than annual raises — its recent full-year totals have been nearly identical, so flat isn't pessimism, it's the fund's actual personality. You can change any number above.
How to Think About a SPYI Projection
SPYI's pitch is discipline: roughly a 12% annual distribution from S&P 500 option income, paid in monthly amounts so consistent they look machine-made. This calculator honors that personality — live rate, flat payout, modest 3% price growth — and lets reinvestment do the compounding. At double-digit rates, reinvestment alone is a powerful engine; nothing needs embellishing.
Steady Isn't the Same as Safe
SPYI has paid through a bear-market tail, a roaring bull, and everything between since late 2022 without drama — the full record, and the next expected ex-dividend date, live on the SPYI dividend history page. But the income still comes from selling away upside: in a huge rally SPYI lags a plain index fund substantially, and in a crash it falls with the market. The honest comparison against the stability giant is at SPYI vs. JEPI.
The Quiet Tax Advantage
Like its sibling QQQI, SPYI classifies much of its distribution as return of capital — a deliberate design that defers tax in taxable accounts by reducing cost basis instead of inflating this year's income. That makes its ~12% meaningfully richer after-tax than an ordinary-income fund paying the same rate. Details in Return of Capital & NAV Erosion and How Are Dividends Taxed?
Want the Full Picture?
Taxes, DRIP on/off, income goals, and the year-by-year snowball chart — the complete calculator does it all.
Use the Free Dividend Calculator