ProShares Lists $0.237298 November Distribution for S&P 500 High Income ETF

ProShares’ S&P 500 High Income ETF (ISPY) has a November distribution of $0.237298 per share, with payment expected Nov. 6. The listing gives Nov. 2 as both the ex-dividend date and the record date. The amount is about 5.96% below October’s distribution of $0.252335 per share. As of Sept. 30, the fund’s 30-day SEC yield was 0.76%, and its 12-month distribution rate was 5.55%. Both are separate measures from the November per-share amount. ISPY seeks monthly distributions that generally reflect income, net of expenses, measured by the S&P 500 Daily Covered Call Index - Income Only.

Source: TokenPost