Defiance NASDAQ 100 Lightningspread Income ETF reduces distribution by 1.59% for the upcoming period.
Defiance NASDAQ 100 Lightningspread Income ETF (QLDY) will pay a bi-weekly distribution of $0.1791, down 1.59% from the prior $0.1820. The fund maintains a 40.00% annual distribution rate.
The previous distribution stood at $0.1820, marking the first decline in three periods. QLDY targets income generation through NASDAQ 100 exposure with a covered call strategy.
The distribution is payable May 21, 2026, to shareholders of record on May 20, with an ex-dividend date of May 20.