YieldMax MINY Sets $0.1954 Weekly Distribution for Oct. 22

YieldMax set a $0.1954-per-share weekly distribution for the YieldMax Strategic Metals & Mining Portfolio Option Income ETF (MINY), below the previous $0.2072 payout, with payment due Oct. 22.

The fund set Oct. 21 as both the ex-distribution and record date. Its previous $0.2072 distribution was scheduled for Oct. 15.

MINY’s listed distribution rate is 30.22%, annualized from the latest payment and the fund’s net asset value at the Oct. 19 close. The rate reflects one distribution and does not represent total return. MINY’s 30-day SEC yield stood at 0.03% through Sept. 30; that measure excludes option income.

MINY holds strategic metals and mining companies and sells call spreads on its portfolio holdings as it seeks to make weekly distributions. The fund estimates the Oct. 20 distribution is 100% return of capital and 0% income; those estimates may change. Payment is scheduled for Oct. 22.