YieldMax Sets MINY Weekly Distribution at $0.1885, Down 3.5%

YieldMax declared a weekly distribution of $0.1885 per share for the YieldMax Strategic Metals & Mining Portfolio Option Income ETF (MINY), 3.5% below the previous week's $0.1954 distribution. The fund set Oct. 28 as the ex-distribution and record date, with payment scheduled for Oct. 29. The previous $0.1954 distribution was also paid weekly.

MINY's distribution rate was 30.57% as of the Oct. 26 close. The rate annualizes the latest distribution against the fund's most recent net asset value. It reflects one payment and does not represent the fund's total return.

The fund's 30-day SEC yield was 0.03% for the period ended Sept. 30. That measure excludes option income, so it is distinct from the distribution rate.

MINY is actively managed and seeks current income and capital appreciation. Its strategy pairs investments in strategic metals and mining companies with call spreads sold on its holdings. Distributions are not guaranteed and may vary significantly or be zero.