YieldMax™ has unveiled its latest ETF offering, the YieldMax™ PYPL Option Income Strategy ETF, trading as PYPY on the NYSE Arca. This actively managed fund, overseen by ZEGA Financial, seeks to generate monthly income through a synthetic covered call strategy centered on PayPal Holdings, Inc. (PYPL). PYPY, like other YieldMax™ ETFs, focuses on delivering substantial monthly income to investors.
Here’s a list of distribution rates and 30-Day SEC yields for existing YieldMax™ ETFs:
- TSLY (YieldMax™ TSLA Option Income Strategy ETF): Distribution Rate 52.28%, 30-Day SEC Yield 4.90%
- OARK (YieldMax™ Innovation Option Income Strategy ETF): Distribution Rate 33.02%, 30-Day SEC Yield 4.78%
- APLY (YieldMax™ AAPL Option Income Strategy ETF): Distribution Rate 14.12%, 30-Day SEC Yield 4.37%
- NVDY (YieldMax™ NVDA Option Income Strategy ETF): Distribution Rate 52.75%, 30-Day SEC Yield 3.99%
- AMZY (YieldMax™ AMZN Option Income Strategy ETF): Distribution Rate 27.77%, 30-Day SEC Yield 3.28%
- FBY (YieldMax™ META Option Income Strategy ETF): Distribution Rate 17.42%, 30-Day SEC Yield 2.81%
- GOOY (YieldMax™ GOOGL Option Income Strategy ETF): Distribution Rate 17.66%, 30-Day SEC Yield 2.77%
- NFLY (YieldMax™ NFLX Option Income Strategy ETF): Distribution Rate 29.95%, 30-Day SEC Yield 0.00%
Additionally, several new ETFs are set to launch soon, including the AMDY (YieldMax™ AMD Option Income Strategy ETF), each designed to follow a unique income-generating strategy while helping investors meet their financial goals. All YieldMax™ ETFs maintain a gross expense ratio of 0.99%.