YieldMax Sets SLTY Weekly Distribution at $0.2063, Down 1.34%

YieldMax set a $0.2063 weekly distribution for SLTY, a short-option income ETF, 1.34% below its prior payment, with the next payout due Oct. 29 after the Oct. 28 eligibility date.

The fund set Oct. 28 as both the ex-dividend and record date. Its previous weekly distribution was $0.2091, announced Oct. 20. The new distribution follows the previous $0.2091 payment, which was scheduled for Oct. 22.

SLTY’s stated distribution rate was 55.59%, based on the fund’s Oct. 26 close. The rate annualizes the latest per-share distribution and compares it with the fund’s latest net asset value. It does not measure total return. SLTY’s 30-day SEC yield was -0.25% for the period ended Sept. 30; that measure excludes option income.

The YieldMax Ultra Short Option Income Strategy ETF seeks current income through short put strategies. Its portfolio generally includes 15 to 30 securities and takes short exposure to changes in their share prices. The strategy may limit gains if reference assets fall and expose the fund to losses if they rise. YieldMax’s fund disclosure states, “Distributions are not guaranteed.”

The scheduled payment date is Oct. 29.