YieldMax Sets APLY’s Weekly Distribution at $0.0571, Down 1.38%

YieldMax set a $0.0571-per-share weekly distribution for the YieldMax AAPL Option Income Strategy ETF (APLY), 1.38% below its previous $0.0579 payment. The change marks a $0.0008 reduction from the previous APLY distribution.

The fund set Thursday, Nov. 5, as both the ex-dividend and record date. Payment is scheduled for Friday, Nov. 6.

APLY’s distribution rate was 25.72% as of the Nov. 3 close. That figure annualizes the latest distribution on the assumption it continues and does not measure total return. For the period ended Oct. 31, the fund’s 30-day SEC yield stood at 2.58%, excluding option income.

The actively managed ETF sells call spreads tied to Apple Inc. (AAPL) to seek weekly income. The strategy may limit gains if Apple shares rise, while the fund remains exposed to losses if they fall. Distributions can vary and are not guaranteed.