# YieldMax GMEY ETF Sets Weekly Distribution at $0.3418 By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/37376 Published: 2026-10-22T03:08:05.000Z Updated: 2026-10-22T03:08:05.000Z Section: Investing > The fund’s distribution rate is 70.45%, based on its net asset value at the Oct. 20 close, and does not represent total return. YieldMax’s GME Option Income Strategy ETF (GMEY) set a $0.3418 weekly distribution payable Friday, Oct. 23, 9.5% below its previous payout and reducing the amount due to shareholders. Thursday, Oct. 22, is the ex-dividend and record date. The fund’s [prior $0.3776 distribution]() was scheduled for Friday, Oct. 16. GMEY’s distribution rate was 70.45%, based on its net asset value at the Oct. 20 close. The rate annualizes the latest payment and is not a measure of total return. The fund’s 30-day SEC yield was 2.58% for the period ended Sept. 30 and excludes option income. GMEY uses call spreads tied to GameStop shares to seek income. The strategy can limit the fund’s participation in gains, while declines in GameStop shares can weigh on the fund. Distributions may include return of capital, which can reduce the fund’s net asset value and trading price. The final tax character will be determined on Form 1099-DIV. ## Links in this article - [prior $0.3776 distribution](https://www.tokenpost.com/news/investing/31850)