UBS AG ETRACS Gold Shares Covered Call ETNs due February 2, 2033

Based on YieldCanary's health framework, GLDI is currently Severe Risk. The current data suggests extreme caution. The fund is showing significant NAV erosion alongside its distributions — the classic yield trap pattern where the advertised yield looks attractive while the underlying value quietly disappears. This is not financial advice — always do your own research and consult a qualified financial professional before making investment decisions.

YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.

Based on last month's actual distribution of $1.8495 per share, $10,000 invested in GLDI at the current price of $140.76 generates approximately 71 shares. That's $131.31 gross per month before taxes. Your after-tax income depends on your personal tax rate and account type. Set your rate inside YieldCanary to see your exact after-tax monthly income and connect your portfolio to see what all of your holdings generate together. Distributions change month to month based on options premiums and market conditions. Past distributions are not a guarantee of future payments.

YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.

YieldCanary's True Income Yield for GLDI is currently 21.58%. This is a distribution sustainability indicator — it strips the estimated return of capital portion from the headline TTM yield to show only what the fund generated from real investment activity. It is not an accounting measure of economic gain. Return of capital reduces your cost basis and full economic gain is only realized when you sell. GLDI's current ROC estimate is 20.7%. The full methodology breakdown is available inside YieldCanary. For confirmed ROC figures check the fund's official 19a-1 notice or your year-end 1099.

YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.

GLDI's Death Clock is currently 0.63 years. This estimates the number of years before 50% of the fund's NAV erodes at the current pace, assuming all things stay constant. It is a sustainability warning signal. The pace can improve or worsen as market conditions and distribution behavior change. Check back every Monday and Thursday when the data refreshes.

YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.

GLDI's current ROC estimate is 20.7%. Moderate ROC worth monitoring. Not immediately alarming but track whether the NAV is holding up alongside the distributions over time. Note: YieldCanary calculates ROC from performance data, not 19a-1 filings.

YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.

On YieldCanary, GLDI is currently Severe Risk with a 21.58% True Income Yield and a Death Clock of 0.63 years. It pays Monthly distributions and has a 1-year price return of -16.19%. Similar funds from ETRACS tracked on YieldCanary: JPMorgan Equity Premium Income ETF (JEPI) — currently Healthy; JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) — currently Healthy; NEOS Nasdaq-100 High Income ETF (QQQI) — currently Healthy Full side-by-side comparison including True Income Yield, Death Clock, ROC%, and after-tax income across all similar funds is available inside YieldCanary.

YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.

GLDI is a Monthly paying ETF. Distributions are paid once per month, which aligns well with monthly bills and expenses. Monthly payers are the most popular frequency among income investors for this reason. The most recent distribution was $1.8495 per share. To see exact upcoming ex-dividend and payment dates for GLDI in your portfolio, connect your holdings inside YieldCanary and check the Distribution Calendar.

YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.

GLDI currently has $170M in assets under management. GLDI is a mid-sized fund with reasonable liquidity. Worth monitoring AUM trends over time to ensure the fund continues attracting assets. AUM alone does not determine whether a fund is healthy. Check the Canary Status and Death Clock above for the full sustainability picture.

YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.

Yes — GLDI can be held in a Roth IRA like any standard ETF, assuming your brokerage offers it. For income ETFs with high return of capital, a Roth IRA can be a particularly advantageous account type. ROC distributions reduce your cost basis in a taxable account, creating a deferred tax liability that grows over time. In a Roth IRA that tax treatment is irrelevant as all distributions are tax-free regardless of their character. This is not tax advice. Consult a tax professional about your specific situation and account type before making investment decisions.

YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.