Amplify XRP 3% Monthly Option Income ETF Sets $0.25140 Distribution

Amplify ETFs declared a $0.25140-per-share October distribution for its Amplify XRP 3% Monthly Option Income ETF (XRPM), 19.3% below September’s payout and payable Friday, Oct. 30.

The announcement came at 7 a.m. ET (11 a.m. UTC) Thursday, Oct. 29. The fund set Oct. 29 as both its ex-dividend date and record date. Eligible shareholders must be registered on the record date to receive the distribution.

October’s payout is $0.06000 per share below September’s $0.31140 distribution. The October amount is a calculated 19.3% decrease from September.

XRPM uses XRP-linked exchange-traded products, futures and options to seek returns tied to XRP’s price. It sells weekly call options on part of its portfolio and does not invest directly in XRP.

Amplify lists a 36% annualized option-premium income target, which may vary. Distributions are not guaranteed and may include return of capital. The fund’s “3% Monthly” name does not guarantee a 3% monthly distribution.