Did QYLD Just Lie to Us? (Huge Tax Consequences)

Our favorite income ETF QYLD features an impressive 12% dividend yield. Research into their tax documents page may show that dividends were taxed as return of capital or RoC. Return of Capital may be able to avoid taxes for quite some time. But it appears many in the investing community have shared that QYLD dividends are in fact showing up on brokerage statements as ordinary income. This mean it is taxed at highest income brackets and not favorable. I examine more of what is going on at Global X. Follow me on YouTube: CitizenoftheYear! Be sure to like, comment and subscribe for more content.  Disclaimer:This is not financial advice or tax advice and I am not a licensed financial advisor. Always do your own research before investing and work with a licensed financial advisor. These are my opinions for informational purposes only and not to be taken as investing advice