YieldMax Lowers GPTY Weekly Distribution to $0.2433 Per Share

YieldMax set a $0.2433 weekly distribution for the YieldMax AI & Tech Portfolio Option Income ETF (GPTY), 7.1% below the prior week’s amount, with payment due Nov. 5. Nov. 4 is both the ex-distribution date and the record date. The previous week’s distribution was $0.2620. YieldMax issued the announcement at 6:55 a.m. ET Nov. 3 (11:55 UTC). The fund’s annualized distribution rate was 35.40%, based on the Nov. 2 market close. The calculation uses one distribution against the latest net asset value and does not represent total return. GPTY’s 30-day SEC yield was -0.50% for the period ended Oct.

Source: TokenPost