QQQI Reports a 14.28% Distribution Rate as Returns Trail the Index

QQQI, an exchange-traded fund, reported a 14.28% distribution rate as of Sept. 30. Its annualized NAV total return since inception was 19.9%, trailing the Nasdaq-100 Index's 23.6%. The fund's 30-day SEC yield was -0.06%, indicating a negative income yield for the period.