$1M+ Portfolio | $10,764 in May Dividends | The Real Numbers

Last month we pivoted roughly $400,000 from growth into income — and for the first time ever, our covered call ETF account paid us over $10,000 in a single month. In this June 2026 portfolio review, I reveal the real numbers behind our $1.3M portfolio, break down if I am still buying BTCI, and show you exactly how DRIP and Return of Capital affect your taxes and cost basis.

⏱️ TIMESTAMPS:

0:00 – Intro
1:30 – Portfolio snapshot: our real $1.32M asset picture
3:00 – May distributions revealed: $10,764 (+136%), fund by fund
5:30 – A quick word from this video's sponsor
7:00 – The $400K pivot: how I deployed it + the JEPQ remix
9:30 – Two income views: 12-month trailing vs. last month
11:30 – Lifetime scorecard + why total return compressed
13:00 – BTCI thesis: buying the discount at a ~28% distribution rate
16:00 – DRIP, ROC & "cost basis zero," handled by lot
19:00 – Recap + your permission to be wealthy
⏱️ WHAT WE COVER IN THIS VIDEO:

✅ The real numbers behind our $1.32M portfolio (income vs. growth split)
✅ How we pivoted ~$400K from growth into income — and how I dollar cost averaged it
✅ Why our May income hit $10,764 (a 136% jump) — broken down fund by fund
✅ Remixing out of JEPQ for tax efficiency in a taxable account
✅ 12-month trailing vs. last-month income views — and which one I plan around
✅ My full BTCI thesis: ~28% distributions, buying at a discount, and real position sizing
✅ DRIP, Return of Capital & the "cost basis zero" question — explained at the lot level
✅ Covered call ETFs covered: SPYI, QQQI, BTCI, GPIX, GPIQ, JEPQ

**Resources for you**
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*Other Videos You'll Enjoy!*
📂 Watch my full Covered Call ETF Playlist: https://youtube.com/playlist?list=PLTrPMZo7cFXxE4spT6qRzZhDTBE1MVyg3&si=3Q87d8fFt-rwEuBI
🎥 How Do S&P500 Covered Call ETFs Work?: https://youtu.be/cu9kBKJCo8E
🎥 The Best Covered Call ETFs - No NAV Erosion: https://youtu.be/mf6XmOE0fwg
🎥 Covered Call ETFs Explained: https://youtu.be/aubpH3SIlOQ
🎥 2 Bucket Strategy: How Much $1M, $1.5M and $2M will REALLY get you in Retirement https://youtu.be/AFQhmN9olnk
🎥 JEPI vs SPYI - Which Does Better? https://youtu.be/BEZjzN5lE_A

DISCLAIMERS & DISCLOSURES
This content is for educational and entertainment purposes only. Joseph and Stefanie do not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.

AFFILIATE DISCLAIMER
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Other Investing Resources:
Vanguard https://investor.vanguard.com/
Fidelity https://www.fidelity.com/
NEOS ETFs https://neosfunds.com/
Global X ETFs https://www.globalxetfs.com/
JP Morgan ETFs https://am.jpmorgan.com/us/en/asset-management/adv/products/fund-explorer/etf
Roll Over your 401k with Capitalise https://capitalize.sjv.io/permissiontobewealthy
Stock Analysis (use code STEF for 10% off) https://stockanalysis.com/pro/?ref=stefanie

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