BOAT is soaring over the Strait of Hormuz blockade, but will it last?
🔴 Tension Rising24/7 Wall St.2026-05-11
The BOAT ETF is capitalizing on the Strait of Hormuz blockade for income investors, with year-to-date gains of around 37% and 75% over the past year. However, there's a risk that distributions will cease once the blockade is lifted. The current high payout is a temporary phenomenon and the dividend payment is highly volatile.