YieldMax AMD ETF Sets Distribution at $0.3387 Per Share, Down 49.3%

The YieldMax AMD Option Income Strategy ETF (AMDY) set its weekly distribution at $0.3387 per share on Oct. 21, 49.3% below the prior week’s payout.

The new amount is lower than the previous week’s $0.6677 distribution. The notice was issued at 6:55 a.m. ET (10:55 UTC). Oct. 22 is both the ex-dividend and record date.

AMDY’s annualized payout rate stood at 40.91% on Oct. 21. It compares the latest distribution, annualized, with the fund’s latest net asset value; it describes that payout rather than overall performance. The 30-day SEC yield was 2.12% for the period ended Sept. 30; that measure leaves out income from options.

The estimated composition is 100% income and 0% return of capital. Form 1099-DIV will provide the final tax classification. AMDY uses call spreads on AMD shares to generate weekly income. The options strategy can limit the fund’s participation in gains if AMD rises, while leaving it exposed to declines in the stock. Payment is scheduled for Oct. 23.