Roundhill MSFT WeeklyPay ETF Estimates Latest Payout Is All Return of Capital
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Roundhill estimates that return of capital makes up 100% of the latest distribution from its MSFT WeeklyPay ETF (MSFW). The estimate is not the final tax treatment; shareholders will receive that information on Form 1099-DIV. The fund warns that distributions may exceed its income and gains. MSFW is designed to make weekly distributions and target a return for each calendar week equal to 1.2 times the total return on Microsoft common shares, before fees and expenses. Owning MSFW does not mean owning Microsoft shares. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
