YieldMax Declares $0.0528 Weekly Distribution for YMAX, Payable Nov. 5

YieldMax declared a weekly distribution of $0.0528 per share for the YieldMax Universe Fund of Option Income ETFs (YMAX), down from $0.0554 a week earlier, with the next ex-dividend and record date set for Nov. 4.

Payment is scheduled for Thursday, Nov. 5. The prior weekly distribution, announced Oct. 27, was $0.0554 per share.

YieldMax listed a 40.65% distribution rate as of the Nov. 2 close. The rate scales the latest distribution to an annual amount relative to YMAX’s most recent net asset value; it does not represent total return or indicate future distributions. A separate 30-day SEC yield was 94.39% for the period ended Oct. 31 and excludes option income.

“Distributions are not guaranteed,” YieldMax said.

YMAX primarily invests in other YieldMax ETFs and aims to make weekly cash distributions. Some distributions may be classified as return of capital, meaning they may return part of the amount investors put in rather than represent earnings.