Defiance Oil Enhanced Options Income ETF reduces its weekly distribution by 4.09% to $0.0609, maintaining a 48% annualized rate.
Defiance Oil Enhanced Options Income ETF (USOY) lowered its weekly distribution to $0.0609, a 4.09% decline from the prior week’s $0.0635 payout. The fund’s annualized distribution rate remains at 48.00%.
The reduction follows a consistent payout structure, with the previous week’s distribution marking the higher end of recent ranges. USOY targets income generation through options strategies tied to oil sector performance.
The distribution is payable July 6 for shareholders of record on July 2, with an ex-dividend date set for July 2.