Return of capital in covered-call ETFs can be tax-efficient or destructive. Learn how Box 3, 19a-1 notices, NAV trends, and total return reveal the difference.
Tax Efficient
Funds, stocks, and articles on Dividend Vision tagged "Tax Efficient".
68 tickers carry the Tax Efficient tag on Dividend Vision (54 ETFs, 11 Closed-End Funds, 3 Money Market Funds). The highest distribution rates are XBCI (42.46%), NEHI (30.74%), BTCI (25.90%). 1 article covers the theme, most recently "Return of Capital in Covered-Call ETFs: Tax Break or NAV Trap?".
Explore income investments by theme
Dividend Vision tags organize funds, stocks, and research around the characteristics that investors commonly want to explore. Asset tags describe features found in our ticker research, including asset class, market exposure, income strategy, sector, and portfolio structure. Article topics describe the subjects covered by our editorial content. Selecting a tag brings those resources together so you can move from an idea to the relevant assets and educational material.
Tags are a starting point for research, not a rating or recommendation. A fund can carry several tags because it may combine multiple exposures or strategies. For example, an ETF might use options, focus on technology companies, and seek dividend income at the same time. Similar-looking funds can also have different tags when their mandates, holdings, or distribution approaches differ. Review each asset page, fund documents, risks, expenses, and distribution history before drawing conclusions.
Use the directory below to browse broadly, or select a tag to see matching tickers and articles. The asset screener offers more precise filtering when you want to combine themes with yield, distribution frequency, fund type, or other criteria. Tags reflect the information available in Dividend Vision's research and may change as products and coverage evolve. Inclusion only describes how an item is categorized; it does not indicate suitability for any investor.
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68 tickers
Grouped by asset type. Ticker links open the full per-asset page.
ETFs (54)
| Ticker | Issuer | Name | Dist. Rate | Inception |
|---|---|---|---|---|
| XBCI | NEOS | NEOS Boosted Bitcoin High Income ETF | 42.46% | Feb 3, 2026 |
| NEHI | NEOS | NEOS Ethereum High Income ETF | 30.74% | Dec 3, 2025 |
| BTCI | NEOS | NEOS Bitcoin High Income ETF | 25.90% | Oct 16, 2024 |
| XQQI | NEOS | NEOS Boosted Nasdaq-100 High Income ETF | 22.71% | Feb 3, 2026 |
| ISBG | Quantify Funds | IncomeSTKd 1X Bitcoin & 1X Gold Premium ETF | 18.29% | Jan 20, 2026 |
| ISSB | Quantify Funds | IncomeSTKd 1X US Stocks & 1X Bitcoin Premium ETF | 17.99% | Jan 20, 2026 |
| XSPI | NEOS | NEOS Boosted S&P 500 High Income ETF | 17.39% | Feb 3, 2026 |
| QQQI | NEOS | NEOS Nasdaq-100 High Income ETF | 14.47% | Jan 29, 2024 |
| IWMI | NEOS | NEOS Russell 2000 High Income ETF | 14.23% | Jun 24, 2024 |
| IAUI | NEOS | NEOS Gold High Income ETF | 12.51% | Jun 5, 2025 |
| SPYI | NEOS | NEOS S&P 500 High Income ETF | 11.60% | Aug 29, 2022 |
| IYRI | NEOS | NEOS Real Estate High Income ETF | 10.74% | Jan 14, 2025 |
| NIHI | NEOS | NEOS MSCI EAFE High Income ETF | 10.30% | Sep 17, 2025 |
| QQQH | NEOS | NEOS Nasdaq-100 Hedged Equity Income ETF | 9.33% | Dec 19, 2019 |
| HEMI | Hartford Funds | Hartford Equity Premium Income ETF | 8.71% | Dec 16, 2025 |
| TMLP | Tortoise Capital | Tortoise MLP ETF | 8.17% | Dec 23, 2025 |
| HYBI | NEOS | NEOS Enhanced Income Credit Select ETF | 8.10% | Sep 30, 2024 |
| SPYH | NEOS | NEOS S&P 500 Hedged Equity Income ETF | 7.92% | Apr 2, 2025 |
| BNDI | NEOS | NEOS Enhanced Income Aggregate Bond ETF | 5.71% | Aug 30, 2022 |
| NLSI | NEOS | Neos Long/Short Equity Income ETF | 5.16% | Dec 10, 2025 |
| CSHI | NEOS | NEOS Enhanced Income 1-3 Month T-Bill ETF | 4.99% | Aug 30, 2022 |
| FLMI | Franklin Templeton | Franklin Dynamic Municipal Bond ETF | 4.56% | Aug 31, 2017 |
| HYMB | State Street | State Street SPDR Nuveen ICE High Yield Municipal Bond ETF | 4.53% | Apr 13, 2011 |
| SCMB | Schwab | Schwab Municipal Bond ETF | 4.52% | Oct 11, 2022 |
| CGHM | Capital Group | Capital Group Municipal High-Income ETF | 4.29% | Jun 25, 2024 |
| PZA | Invesco | Invesco National AMT-Free Municipal Bond ETF | 4.28% | Oct 11, 2007 |
| BMOP | BNY Mellon | BNY Mellon Municipal Opportunities ETF | 4.21% | Oct 15, 2008 |
| JMUB | JPMorgan | JPMorgan Municipal ETF | 3.98% | Oct 29, 2018 |
| FMB | First Trust | First Trust Managed Municipal ETF | 3.89% | May 13, 2014 |
| JTNY | JPMorgan | JPMorgan New York Tax Free Bond ETF | 3.88% | Jun 15, 2026 |
| TFI | State Street | State Street SPDR Nuveen ICE Municipal Bond ETF | 3.75% | Sep 11, 2007 |
| CGMU | Capital Group | Capital Group Municipal Income ETF | 3.48% | Oct 25, 2022 |
| JCAL | JPMorgan | JPMorgan California Tax Free Bond ETF | 3.40% | Jun 15, 2026 |
| MUNI | PIMCO | PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund | 3.30% | Nov 30, 2009 |
| BKMI | BNY Mellon | BNY Mellon Municipal Intermediate ETF | 3.29% | Oct 2, 2000 |
| DFNM | Dimensional | Dimensional National Municipal Bond ETF | 3.25% | Nov 15, 2021 |
| SHM | State Street | State Street SPDR Nuveen ICE Short Term Municipal Bond ETF | 2.78% | Oct 10, 2007 |
| JMST | JPMorgan | JPMorgan Ultra-Short Municipal Income ETF | 2.57% | Oct 16, 2018 |
| SDCI | USCF Investments | USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund | 2.53% | May 3, 2018 |
| CALI | iShares | iShares Short-Term California Muni Active ETF | 2.49% | Jul 11, 2023 |
| LCTO | Kurv | Kurv U.S. Large Cap TaxOptimized ETF | 2.24% | Jul 6, 2026 |
| AAEQ | Alpha Architect | Alpha Architect US Equity 2 ETF | — | Dec 9, 2025 |
| BSMA | Invesco | Invesco BulletShares 2036 Municipal Bond ETF | — | Sep 16, 2026 |
| CAGE | Calamos Investments | Calamos Autocallable Growth ETF | — | Apr 15, 2026 |
| DINE | Simplify ETFs | Simplify Tax Aware Diversified Income Strategy ETF | — | May 4, 2026 |
| MMHI | New York Life Investments | NYLIM MacKay Muni High Income ETF | — | Oct 1, 2026 |
| MYML | State Street | State Street My2032 Municipal Bond ETF | — | Sep 22, 2026 |
| OTAX | Optimal Tax Asset Management | Optimal Tax Managed Equity ETF | — | Aug 26, 2026 |
| TXCA | Northern Trust | Northern Trust California Intermediate Tax-Exempt Bond ETF | — | Sep 22, 2026 |
| TXNY | Northern Trust | Northern Trust New York Intermediate Tax-Exempt Bond ETF | — | — |
| VMHY | VictoryShares | VictoryShares Municipal High Yield ETF | — | Sep 22, 2026 |
| VMSD | VictoryShares | VictoryShares Short-Duration Municipal ETF | — | — |
| XBOX | Roundhill Investments | Roundhill Ultra Short Duration No Dividend Target ETF | — | Mar 18, 2026 |
| XDIV | Roundhill Investments | Roundhill S&P 500 No Dividend Target ETF | — | Jul 10, 2025 |
Closed-End Funds (11)
| Ticker | Issuer | Name | Dist. Rate |
|---|---|---|---|
| VCV | Invesco | Invesco California Value Municipal Income Trust | 8.82% |
| NVG | Nuveen | Nuveen AMT-Free Municipal Credit Income Fund | 8.78% |
| ETY | Eaton Vance | Eaton Vance Tax-Managed Diversified Equity Income Fund | 8.68% |
| ETW | Eaton Vance | Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund | 8.50% |
| EXG | Eaton Vance | Eaton Vance Tax-Managed Global Diversified Equity Income Fund | 8.50% |
| NAC | Nuveen | Nuveen California Quality Municipal Income Fund | 8.48% |
| NAD | Nuveen | Nuveen Quality Municipal Income Fund | 8.25% |
| ETV | Eaton Vance | Eaton Vance Tax-Managed Buy-Write Opportunities Fund | 8.19% |
| NEA | Nuveen | Nuveen AMT-Free Quality Municipal Income Fund | 8.17% |
| NAZ | Nuveen | Nuveen Arizona Quality Municipal Income Fund | 7.13% |
| NCA | Nuveen | Nuveen California Municipal Value Fund | 4.35% |
Money Market Funds (3)
| Ticker | Issuer | Name | Dist. Rate |
|---|---|---|---|
| FZEXX | Fidelity Investments | Fidelity Tax-Exempt Money Market Fund | 2.47% |
| SWWXX | Schwab | Schwab AMT Tax-Free Money Fund - Investor Shares | 2.42% |
| FSPXX | Fidelity Investments | Fidelity California Municipal Money Market Fund | 2.35% |
1 article
Blog posts covering this theme or the tickers tagged with it.
- Return of Capital in Covered-Call ETFs: Tax Break or NAV Trap?Jun 9, 2026
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