Funds that are healthy and trading at a discount. A fund only scores high if it has
kept its capital intact and its price has also pulled back: a fund that is simply eroding never looks
like a bargain here.
Market data as of 08 October 2026
Funds scored
132
bond funds excluded: their price moves with interest rates
Strong opportunities
10
score of 60 or more
Market fear (VIX)
15.4
1.5 of 10 points, the same for every fund
Eroding funds
18
all income needed to offset the price fall: no discount points
The summary above is open to everyone. the full ranking of healthy funds trading at a discount — with search, filters and sorting — comes with a free account. No password: we send you a sign-in link.
Stability, up to 35 pointsHow little of its income a fund has needed to offset any fall in
its price since launch. No erosion earns all 35 points; a fund that needs all of its income earns none.
Discount, up to 55 pointsHow far the price is below its 52-week high (25), how much it would
need to climb back (20) and how oversold it looks on the RSI (10). These points count only in proportion
to stability, so a fund that is eroding does not look cheap just because its price has fallen.
Market fear, up to 10 pointsFrom the VIX: calm markets give few points, fearful markets up to
10. It is the same for every fund, so it moves all scores together without changing their order.
Why it is built this wayOur backtests show that among high-yield covered-call funds, a big
discount on its own tended to be followed by further falls, while stability was the most reliable single
signal. Combining them in this order made the score useful.
RSI is computed on total-return prices (distributions reinvested). AUM trend needs three months of
history and is shown for information only: fund flows tend to follow past performance rather than predict it.
Not investment advice.
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.
Intellectual property. Fund names and trademarks belong to their respective owners. Content from
this site may not be reproduced or redistributed without written permission.
Before you look around
Master of Yield is an independent research tool. All content on this site — 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.
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