YieldMax Sets RDTY Weekly Distribution at $0.2353 Per Share

YieldMax set a $0.2353 weekly distribution for its R2000 0DTE Covered Call Strategy ETF (RDTY), raising the payment from the prior week as the fund’s ex-dividend and record dates approach.

The announcement came at 6:55 a.m. ET (10:55 UTC) Oct. 27. The new amount is $0.0021, or about 0.9%, above the prior $0.2332 distribution, declared Oct. 20.

Oct. 28 is both the ex-dividend date and the record date. The record date determines which shareholders are eligible for the distribution. Payment is scheduled for Oct. 29.

RDTY’s distribution rate was 36.40% as of the Oct. 26 close. The rate annualizes one payout against the fund’s net asset value and does not represent its total return. The 30-day SEC yield was -0.77% for the period ended Sept. 30; that measure excludes option income.

The fund seeks option premiums by selling out-of-the-money call options on the Russell 2000 Index that expire on the same day. Distributions can vary or be zero and may include return of capital, which can reduce the fund’s net asset value and trading price. The next scheduled step is payment on Oct. 29.