YieldMax Gold Miners Option Income Strategy ETF Sets $0.0766 Distribution

The YieldMax Gold Miners Option Income Strategy ETF (GDXY) announced a weekly distribution of $0.0766 per share, down from $0.0775, with payment scheduled for Oct. 23.

The fund set Oct. 22 as both its ex-dividend date and record date. The new amount is below the prior $0.0775 weekly distribution, which was payable Oct. 16.

GDXY lists a 40.74% distribution rate and a 2.97% 30-day SEC yield. The distribution rate annualizes the latest payment against the fund’s latest net asset value; it does not measure total return. The SEC yield reflects net investment income and excludes option income.

The latest distribution is estimated to comprise 92.01% return of capital and 7.99% income. GDXY sells call spreads tied to the VanEck Gold Miners ETF (GDX), seeking weekly income and participation in GDX’s share-price gains. Distributions are not guaranteed and may vary. Payment is scheduled for Oct. 23.