GhostYield

Manual snapshotNot live data

Snapshot reference: 2026-05-08 · Manual research snapshot · Not live data

GhostYield is a yield sleeve research dashboard for comparing income-producing funds around an existing portfolio. It looks at yield source, NAV behavior, payout quality, data freshness, and sleeve risk — not just headline yield. Not a model portfolio and not a recommendation engine.

v0.1 manual research data keyed to the snapshot reference above. Live feeds and automated source validation are not active.

Disclaimer: GhostYield does not recommend purchases or allocations. It helps you evaluate yield-producing sleeves by risk source, NAV behavior, distribution quality, and current conditions. High headline yield can come with credit risk, NAV erosion, leverage, option strategy drag, or return-of-capital mechanics. Research only. Not financial advice.

What GhostYield is — and is not

GhostYield is

A yield sleeve research dashboard
A way to compare income-producing funds by yield source, NAV behavior, payout quality, data quality, and sleeve risk
A tool for asking better questions before adding yield around an existing portfolio

GhostYield is not

A buy/sell recommendation engine
A complete portfolio builder
A promise that high yield equals high return
A substitute for reading fund documents, filings, and tax details

Yield is not magic. It is usually compensation for some kind of risk — including credit, leverage, NAV erosion, option strategy drag, or return-of-capital mechanics.

Yield environment (illustrative)

GhostYield Environment Score (0–100). Higher reads as more caution merited for yield sleeves overall — not a buy/sell signal.

Middle path: carry can still work, but do not assume last year’s winners repeat.

Inputs are static/manual for the current v0.1 snapshot (credit stress 52, rate pressure 48, vol 44).

Sleeve categories

Cash / T-Bill Yield

Treasury and cash-like sleeves. Low credit drama, but reinvestment and real-return risk still exist.

Credit Income

Corporate loans, high yield, CLO tranches, and similar. Yield often rises when spreads widen — you are paid to hold default and downgrade risk.

Preferred Income

Hybrid securities — higher yields than many bonds, but rate sensitivity and issuer credit still matter. Resets and call features add complexity.

CEF Credit

Closed-end credit funds with structural leverage. NAV quotes, premiums/discounts, and distribution tax character — including return of capital — matter as much as coupons.

Opportunistic / Special Situations Income

Event-driven, activism-adjacent, or opportunistic credit sleeves — often idiosyncratic. Liquidity, filings, and strategy drift deserve extra skepticism alongside headline yield.

BDC Income

Business development companies lend to private middle-market firms. NAV can swing with credit marks; distributions may include volatile components.

Midstream Income

Energy infrastructure and pipeline-style cash flows. Yield can look rich when commodity volatility rises; equity, balance-sheet, and regulatory risk remain.

Natural Resources Income

Oil, gas, and resource-linked equities or funds. Dividends track commodity cycles and corporate policy — not the same risk profile as plain midstream fee streams.

Option Income

Covered-call and similar strategies trade upside for premium. Distribution stability can look good until the underlying trend shifts.

Crypto Yield

Coming soon

Staking, lending, and tokenized yield carry protocol, custody, and gap-risk concerns. GhostYield will add this sleeve when there is a defensible static frame — not yet.

Candidate screener (v0.1 manual research snapshot)

Snapshot reference: 2026-05-08 · Manual research snapshot · Not live data

Screener guide: Yield uses the best available sourced metric on each row: current yield, then distribution rate, then SEC yield. Payout reflects distribution quality from the snapshot. Data QA describes freshness and completeness of the manual row. Evidence (Clear / Qualified / Insufficient) is the confidence gate for presentation. Risk Score is 0–100 economic sleeve risk (shown with an Evidence qualifier when not Clear). Fit Score is 0–100 economic model fit and is withheld when Evidence is Insufficient. Not a recommendation. Hover headers for band definitions.

Scroll sideways to see all columns.

Ticker	Income sleeve	Yield	NAV 1Y	Prem/disc	Payout	Data QA	Evidence	Risk Score	Fit Score
SGOV	Cash / T-Bill Yield	3.5%(SEC)	4.1%	0.0%	Strong	Fresh in snapshot	ClearClear	4Low	100Strong
HYG	Credit Income	6.4%(SEC)	6.9%	-0.1%	Mixed	Data Caution	Qual.Qualified	31Mod.· Qual.	94Strong
BKLN	Credit Income	—	—	—	Mixed	Data Gaps	Insuff.Insufficient	31Mod.· Insuff.	—
JAAA	Credit Income	5.3%(SEC)	6.0%	—	Mixed	Data Gaps	Insuff.Insufficient	30Mod.· Insuff.	—
ARDC	CEF Credit	10.5%(Dist. rate)	—	-5.9%	Uncertain	Fresh in snapshot	Qual.Qualified	97Extr.· Qual.	64Watch
PFF	Preferred Income	6.3%(SEC)	4.6%	-0.1%	Mixed	Data Caution	Qual.Qualified	32Mod.· Qual.	92Strong
BIZD	BDC Income	—	—	—	Mixed	Data Gaps	Insuff.Insufficient	38Mod.· Insuff.	—
ARCC	BDC Income	—	—	—	Strong	Stale Data	Qual.Qualified	36Mod.· Qual.	90Strong
BXSL	BDC Income	11.4%(Dist./NAV sh)	—	—	Strong	Stale Data	Qual.Qualified	38Mod.· Qual.	89Strong
KIO	CEF Credit	13.3%(Current)	—	-7.2%	Weak	Stale Data	Qual.Qualified	92Extr.· Qual.	64Watch
EMO	Midstream Income	8.7%(Dist. rate)	—	-12.4%	Mixed	Fresh in snapshot	Qual.Qualified	61Elev.· Qual.	85Strong
TYG	Midstream Income	11.7%(Dist. rate)	—	0.4%	Mixed	Fresh in snapshot	Qual.Qualified	64Elev.· Qual.	78Good
SPE	Special Situations	9.0%(Dist. rate)	—	-10.4%	Uncertain	Fresh in snapshot	Qual.Qualified	76High· Qual.	79Good
BRW	Opportunistic Credit	14.8%(Dist. rate)	—	-10.1%	Weak	Fresh in snapshot	Qual.Qualified	95Extr.· Qual.	72Good
PEO	Natural Resources Income	8.2%(Dist. rate)	—	-11.0%	Mixed	Fresh in snapshot	Qual.Qualified	46Mod.· Qual.	93Strong
NML	Midstream Income	8.4%(Dist. rate)	—	-12.3%	Weak	Fresh in snapshot	Qual.Qualified	57Elev.· Qual.	80Good
SRV	Midstream Income	11.3%(Dist. rate)	—	-3.0%	Mixed	Fresh in snapshot	Qual.Qualified	66Elev.· Qual.	78Good
KYN	Midstream Income	7.4%(Dist. rate)	—	-14.3%	Mixed	Fresh in snapshot	Qual.Qualified	55Elev.· Qual.	85Strong
JEPI	Option Income	8.4%(Dist. rate)	8.0%	—	Strong	Data Gaps	Insuff.Insufficient	34Mod.· Insuff.	—
JEPQ	Option Income	11.2%(Dist. rate)	19.8%	—	Mixed	Data Gaps	Insuff.Insufficient	60Elev.· Insuff.	—

Overview

SGOV — iShares 0-3 Month Treasury Bond ETF

Evidence: Clear — snapshot confidence posture (Clear / Qualified / Insufficient). Separate from economic Risk/Fit numbers.

Risk Score 4 (Low) — economic sleeve / investment risk only. Evidence is not blended into this number.

Fit Score: 100 (Strong Fit) — economic model yield-sleeve fit only. Evidence is not blended into this number. Not a recommendation.

Income sleeve

Cash / T-Bill Yield

Structure / wrapper

ETF

Yield source

T-bill interest — short government paper.

Role

Liquidity ballast and yield on idle cash.

Score drivers

These drivers explain economic Risk/Fit contributors under the current GhostYield rules. They are not buy/sell signals. Evidence gaps are handled by the Evidence gate, not by blending into these scores.

Risk drivers

No extra drivers beyond the overall model blend for this row.

Fit drivers

Distribution qualityhighHelps fit

Strong payout quality in the snapshot boosts modeled fit.

NAV trendmoderateHelps fit

Strong one-year NAV trend supports fit in the model.

Cash / T-bill rolemoderateHelps fit

Cash-like sleeves score as straightforward ballast in the model.

Expense ratiolowHelps fit

Very low expense ratio supports fit.

Pricing / NAV

Pricing

Market price (illustr.)

100.48

NAV (illustr.)

100.47

Premium / discount to NAV

0.01%

Leverage (approx.)

—

Expense ratio

0.09%

NAV performance (illustr.)

NAV 1M

0.30%

NAV 3M

0.87%

NAV 1Y

4.07%

NAV 3Y

4.80%

NAV data as of

2026-05-08

Market performance (illustr.)

Mkt 1M

0.29%

Mkt 3M

0.86%

Mkt 1Y

4.07%

Mkt 3Y

4.79%

Yield & distributions

Yield (screener column)

The table “Yield” column uses SEC yield as a fallback (3.55%), since current yield and distribution rate are not set.

Distributions (illustr.)

Latest distribution amount

—

Latest distribution date

—

Frequency

monthly

Current yield

—

Distribution rate

—

SEC yield

3.55%

Est. return of capital %

—

NAV / yield spread (illustr.)

—

Distribution data as of

2026-05-07

Quarterly fundamentals as of

2026-03-31

Distribution quality

strong

Source & data quality

Lineage

Row data as of

2026-05-08

Update frequency

weekly

Source label

BlackRock iShares product page — SGOV (Key Facts to May 8, 2026; 30-day SEC yield May 7, 2026; NAV/market performance through Apr 30, 2026)

Source URL

https://www.ishares.com/us/products/314116/ishares-0-3-month-treasury-bond-etf

Data confidence

high

Risks / use case

Main risks

Reinvestment if rates fall
Not a credit hedge in a crisis

Best use

Parking cash with minimal duration.

Avoid if

You need equity-like upside.

Source & data quality

Data QA describes snapshot freshness and completeness. It is not itself an investment-risk rating. Risk and Fit are economic scores; Evidence (Clear / Qualified / Insufficient) gates how they are presented — Fit is withheld when Evidence is Insufficient. Missing data does not automatically mean a bad fund; fresh-in-snapshot does not automatically mean a safe fund.

Snapshot reference date: 2026-05-08

Fresh / caution / stale labels are measured against this reference date, not today's date.

Latest NAV as-of (sample universe): 2026-05-08
Latest distribution as-of (sample universe): 2026-05-08
Selected — NAV as-of: 2026-05-08
Selected — distribution as-of: 2026-05-07
Selected — confidence: high
Selected — snapshot quality status: Fresh in snapshot

Stale rows

Missing fields

Low confidence

Sample rows

Top sample data issues

Missing distribution source fields (date, rate, or amount) on static row.
Missing NAV for an ETF/CEF-style wrapper in the static row.
NAV / market data is older than 5 trading days (sample dates).

Manual research snapshot (v0.1) in data/ghostyield/candidates.manual.json. Some rows cite CEF Connect as a secondary aggregation source (see per-row sourceLabel), not live sponsor feeds. Missing numerics were not verified from the cited source. No automated source validation. For sourcing rules and the CEF caveat in full, see Methodology & source data at the bottom of this page. For research / UI only—not tax or trade advice.

Methodology & source data (v0.1)

How GhostYield scores yield sleeves →

Data QA describes snapshot freshness and completeness. Evidence (Clear / Qualified / Insufficient) is the presentation gate. Risk and Fit are economic scores only — evidence quality is not blended into those numbers. Fit is withheld when Evidence is Insufficient; Risk remains visible with an Evidence qualifier when not Clear.

This v0.1 snapshot uses manually maintained JSON rows — not live pricing or feeds. Some values were sourced from sponsor pages, fact sheets, SEC filings, CEF Connect summaries, or fund documents. Fields are filled only when a number can be tied to a cited source; otherwise they stay null. Unverified fields remain null.

Selected closed-end and listed BDC snapshots may also store optional structured cefMetrics / bdcMetrics blocks so leverage, coverage, non-accruals, and NAV-relative dividend context do not have to live only in generic yield-oriented columns.

Some closed-end rows cite CEF Connect (Nuveen / Morningstar-style summaries) as an interim secondary source for figures — always read each row's sourceLabel and sourceUrl for what was actually used, not an assumed sponsor-primary chain. No automated source validation.

Snapshot quality labels are measured against the static reference 2026-05-08, not today's date. Rows in data/ghostyield/candidates.manual.json carry sourceUrl, sourceLabel, and lineage as-of fields — scoring in lib/ghostyield/scoring.ts, freshness in lib/ghostyield/dataFreshness.ts. The screener Yield column prefers current yield, then distribution rate, then SEC yield (see detail panel).