ARK Active Autocallable Income ETF Sets Oct. 27 Distribution

ARK Active Autocallable Income ETF (ARKY) has a distribution payment scheduled for Tuesday, Oct. 27, but its calendar lists no amount for the upcoming payout. ARK set Oct. 23 as the declaration date, with Oct. 26 serving as both the ex-dividend and record date. Payment is scheduled for Oct. 27. No dollar amount appears for the distribution. ARKY is an income fund that invests in autocallable notes tied to stocks in ARK’s innovation universe. Contingent coupons provide income, but a coupon can be skipped if a reference stock falls below its coupon barrier. Investors can lose principal under certain conditions.

Source: TokenPost