The GraniteShares YieldBOOST NVDA ETF reduces its weekly distribution by 10.34% from the prior week’s $0.1231.
GraniteShares YieldBOOST NVDA ETF (NVYY) announced a weekly distribution of $0.1104, a 10.34% decline from last week’s $0.1231 payout. The move reflects a shift in the fund’s income generation amid an annual distribution rate of 45.41% and an SEC yield of 0.16%.
The prior week’s distribution stood at $0.1231, marking the first reduction in recent payouts. The fund’s ex-dividend date and record date are both set for July 17, with payments scheduled for July 21.
No immediate market reaction was reported following the announcement.