YieldMax Announces $0.0594 Weekly Distribution for YMAX
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YieldMax has announced a $0.0594-per-share weekly distribution for the YieldMax Universe Fund of Option Income ETFs (YMAX), with payment scheduled for Oct. 15. The fund set Oct. 14 as both the ex-dividend and record date. The announcement was made at 6:55 a.m. ET (10:55 UTC) on Oct. 13. YMAX invests across YieldMax option-income ETFs and trades on NYSE Arca. Its allocations are adjusted through a momentum-based methodology rather than fixed equal weighting. The announcement listed a 40.71% distribution rate and an 87.45% 30-day SEC yield. YMAX’s gross expense ratio is 1.33%.
Source: TokenPost
