The fund’s distribution fell 31.95% week-over-week, reflecting lower option income and a 78.58% annualized distribution rate.
YieldMax’s RDYY ETF declared a weekly distribution of $0.3050, down 31.95% from last week’s $0.4482 payout. The move follows a shift in option income strategy and market conditions.
The fund’s annual distribution rate stands at 78.58%, with an SEC yield of 1.97%. Return of capital accounts for 8.87% of the distribution. The payout is payable July 24 to shareholders of record July 23.
No immediate market reaction was reported following the announcement.