YieldMax Sets CRCO Weekly Distribution at $0.1678 Per Share

YieldMax announced Wednesday a $0.1678-per-share weekly distribution for the YieldMax CRCL Option Income Strategy ETF (CRCO), a smaller payout than the prior week, with payment scheduled for Oct. 30. The new amount is 6.05% below the previous week’s $0.1786 distribution. It follows an earlier $0.1795 weekly payout scheduled for Oct. 9. CRCO’s distribution rate was 70.13% as of the Oct. 27 close. The rate annualizes the latest distribution against the fund’s latest net asset value and does not measure total return. The fund’s 30-day SEC yield was 3.29% for the period ended Sept. 30 and excludes option income.

Source: TokenPost