YieldMax Lowers GPTY Weekly Distribution to $0.2433 Per Share

YieldMax set a $0.2433 weekly distribution for the YieldMax AI & Tech Portfolio Option Income ETF (GPTY), 7.1% below the prior week’s amount, with payment due Nov. 5.

Nov. 4 is both the ex-distribution date and the record date. The previous week’s distribution was $0.2620. YieldMax issued the announcement at 6:55 a.m. ET Nov. 3 (11:55 UTC).

The fund’s annualized distribution rate was 35.40%, based on the Nov. 2 market close. The calculation uses one distribution against the latest net asset value and does not represent total return. GPTY’s 30-day SEC yield was -0.50% for the period ended Oct. 31; that measure excludes option income.

The actively managed ETF seeks income and capital appreciation through investments in AI and technology companies and options strategies. Its distributions may change or be zero, and may include ordinary dividends, capital gains or a return of investor capital. GPTY’s earlier weekly distribution was $0.2871 per share. The newly announced payment is scheduled for Nov. 5.