Add as a preferred source on GoogleYieldMax Sets $0.1295 Weekly Distribution for Crypto Industry & Tech ETF
Oct. 21 was the ex-dividend and record date. The 40.92% annualized distribution rate is not total return, and the fund’s 30-day SEC yield was -0.20%.
YieldMax® Crypto Industry & Tech Portfolio Option Income ETF (LFGY) set its weekly distribution at $0.1295 per share, below the prior week’s $0.1407 payout, with payment scheduled for Oct. 22.
Oct. 21 was both the ex-dividend date and the record date. The fund’s prior distribution was $0.1407 per share.
The annualized distribution rate was 40.92% as of the Oct. 19 close. It annualizes one distribution against the fund’s latest net asset value and does not measure total return. The 30-day SEC yield was -0.20% for the period ended Sept. 30 and excludes option income.
An estimated 43.41% of the distribution is return of capital and 56.59% is income. Final tax classification will be determined on Form 1099-DIV. Distributions may vary or be zero.
The fund seeks income through options tied to publicly traded crypto and technology companies and related ETFs; it holds no digital assets directly.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.