YieldMax Cuts RBLY Weekly Distribution 35.22% to $0.0903

YieldMax set the YieldMax RBLX Option Income Strategy ETF (RBLY) weekly distribution at $0.0903 per share on Nov. 4, a 35.22% drop from the $0.1394 payment announced the prior week.

The announcement came at 6:55 a.m. ET (11:55 UTC). Nov. 5 is both the ex-dividend date and the date used to determine eligible shareholders. Payment is scheduled for Nov. 6.

RBLY’s listed distribution rate is 55.33%, calculated by annualizing its latest payment using the fund’s Nov. 3 closing price. The rate is not total return and does not indicate future payments. The fund’s 30-day SEC yield was 2.73% for the period ending Oct. 31; that measure excludes option income.

The fund’s primary objective is current income, with a secondary objective of exposure to Roblox share-price returns, generally subject to a limit on potential gains. It uses options tied to Roblox shares in a synthetic covered-call strategy.

“Distributions are not guaranteed,” YieldMax said. The fund’s payment is scheduled for Nov. 6.