YieldMax Raises JPO Weekly Distribution to $0.0534 Per Share

YieldMax set the YieldMax JP Option Income Strategy ETF (JPO) distribution at $0.0534 per share, an increase of $0.0030, or about 6%, from the prior week. The fund’s previous payment was set at $0.0504 on Oct. 28.

The ex-dividend and record dates both fall on Nov. 5, and the fund will pay the distribution Nov. 6.

JPO’s annualized distribution rate stood at 20.67% as of the Nov. 3 market close (ET). The rate annualizes the latest distribution against the fund’s most recent net asset value; it does not measure total return. For the 30 days through Oct. 31, JPO’s SEC yield was 2.45%, excluding option income.

The ETF uses options to pursue weekly cash distributions and gain indirect exposure to JPMorgan Chase & Co. It does not hold the company’s shares directly. Distributions may include returned investor capital, which can lower the fund’s net asset value. “Distributions are not guaranteed,” YieldMax said.