All income strategies
QF5 CAGR +38.1% TER 0.52%

Quality Five

Five covered-call funds with the best Quality Score, yielding at least 30% a year, one per underlying, re-ranked at each month-end and kept while they stay in the top 7; 20% in three dividend ETFs (emerging markets, Europe ex-UK, euro area) as ballast. More income than All IncomeShares with a fraction of the funds, and a deeper fall in bad months.

Equity: 100%
  • Equity 100%
€
Pro feature
Monthly income on €37,000 invested, before tax
€1,895 /month
Average of the last 12 months, on €37,000 invested. €948 paid to you, €948 reinvested. S&P 500 on the same amount: €22 a month.
Since the start (Aug 2024, 26 months): €1,673 a month on average, €43,508 in total, of which €21,754 paid to you.
Distribution yield of the funds held
48.9%
What the funds in portfolio pay: their distributions of the last twelve months on their price at the last month-end (30 Sep 2026), weighted by position.
Return 1Y
+64.2%
S&P 500 +20.9%
Return since start
+95.7%
S&P 500 +37.1%
Capital vs paid in
119%
of the money put in is still invested; 52% of it has come back as income or been reinvested
Yield on cost
61.47%
income of the last 12 months against the capital invested
Dividend CAGR
+46.9%
growth of the income itself, a year, first full year against the last
Max drawdown
-26.8%
from the previous peak

Trade-off versus the S&P 500 over the same period: +€477 of income a month per €10k, +21.7 percentage points of return a year.

The figures below use the capital actually invested by the simulation, 37,000. Change the amount at the top to see them for your own investment.

Current value (shares)
€44,185
Capital invested: €37,000
Income paid out
€19,131
The half of the income not reinvested
Total account value
€63,316
Shares plus income paid out, +71.1% on capital invested
Total income received
€38,262
Reinvested plus paid out, since Aug 2024
Latest month income
€2,121
Sep 2026. Average of the last 12 months: €1,895
Weighted average yield TTM
48.88% gross
Last 12 months of distributions on current holdings
Pro

Charts, simulated holdings and every backtest trade are part of Pro

The numbers above are open to everyone: return, income, drawdown and the trade-off against the benchmark. Behind this card there is the rest of the backtest: performance and income charts, the funds the simulation holds today, every simulated trade, the detailed metrics, the heatmap, the drawdown analysis and the reason for each rotation — plus the switches for taxes, payout and amount at the top. All of it is a simulation on past prices, published for study, never a suggestion to trade.

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Simulated on historical prices and distributions, with amounts converted to euro at the daily exchange rate. Gross figures apply no tax. Trading commissions are not included. The S&P 500 is the Vanguard S&P 500 UCITS ETF (VUSA) with distributions reinvested. Past performance is not a reliable indicator of future results.

Important information. Master of Yield is an independent research tool. All content on this site, including fund data, screeners, scores, model portfolios and backtests, is provided for information and education only. Nothing here is investment, legal, tax or accounting advice, nor a recommendation or solicitation to buy, sell or hold any financial instrument. We are not a broker, a bank or an authorised investment adviser, and we have no knowledge of your personal circumstances. Any investment decision you make is yours alone: consult a qualified adviser before acting.

Our approach. Our model portfolios follow a purely quantitative, rules-based method focused on income. Funds are selected, ranked and rotated by statistical criteria applied mechanically: price erosion since inception, sustainability of distributions, dividend growth, yield and total return. No discretionary judgement or view on individual companies or markets is involved, and the same rules apply to every fund.

About the backtests. Portfolio results are hypothetical simulations run on historical data, not records of real trades or of any real account. Among other simplifications, they assume every fund could be bought and sold at its month-end price with no spread, commission or market impact; they show figures before tax unless you set your own tax profile under "Taxes", where you choose your country and can adjust every rate and the commission your broker charges per trade — those figures are an estimate, not a tax calculation; and they convert every amount to euro at the daily exchange rate. The fund universe only contains products that exist today, so funds that closed in the past are missing, which tends to flatter results. Many funds have short histories, so some results cover only a few years of a largely rising market. Rules may be refined over time and each refinement is applied to the full history, so past results can change. Past or simulated performance does not guarantee future results, and every investment can lose value, including the capital invested.

About the data. Data is collected from publicly available open sources and third-party providers and is not independently verified. No warranty is given as to its accuracy, completeness or timeliness. Always check figures with the fund provider before acting. Fund reference data (expense ratio, fund size, domicile) is completed with the EU ETF Universe dataset by Danimoth, used under the CC BY 4.0 licence: danimoth.com/dataset.

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