YieldMax MINY Sets Weekly Distribution at $0.1827, Down 3.1%

YieldMax set a $0.1827 weekly distribution for the YieldMax Strategic Metals & Mining Portfolio Option Income ETF (MINY), a 3.1% reduction from the fund’s previous weekly amount.

The new distribution is $0.0058 below the previous $0.1885 distribution, announced the prior week and scheduled for payment Oct. 29. MINY’s next payment is scheduled for Thursday, Nov. 5. Wednesday, Nov. 4, is both the ex-distribution date and the record date used to determine eligible shareholders.

MINY’s distribution rate was 30.23% as of the Nov. 2 close. The annualized rate compares the latest distribution with the fund’s most recent net asset value and reflects one payment; it is not the fund’s total return. MINY’s 30-day SEC yield was 0.12% for the period ended Oct. 31. That yield excludes option income.

The actively managed fund targets a portfolio of about 15 to 50 publicly traded strategic metals and mining companies. It sells call spreads on its holdings to generate option premiums while maintaining equity exposure. Distributions may vary significantly or be zero, and are not guaranteed.