YieldMax Cuts AIYY Weekly Distribution to $0.0753 Per Share

YieldMax set a $0.0753-per-share weekly distribution for the YieldMax AI Option Income Strategy ETF (AIYY), down 21.64% from the prior week’s $0.0961 payment.

Nov. 5 is the ex-distribution and record date. Payment is scheduled for Nov. 6.

The fund’s annualized distribution rate was 55.47% as of the Nov. 3 close. The 55.47% figure extrapolates the latest per-share payout over a year relative to the fund’s latest net asset value; it does not show total return. AIYY’s 30-day SEC yield was 2.42% for the period ended Oct. 31 and excludes option income.

The fund seeks weekly income from call spreads it sells on C3.ai Inc. shares. The strategy may limit the fund’s participation in gains if C3.ai shares rise, while leaving it exposed to losses if they fall. Distributions may vary, may include return of investor capital and are not guaranteed.

The distribution rate and SEC yield describe different measures: the former annualizes the latest payout relative to net asset value, while the latter excludes option income. Distributions can change from week to week, may be zero and may include a return of investor capital. A return of capital can reduce the fund’s net asset value and trading price.