The fund’s distribution falls 1.71% from last week’s $0.1015, with an annualized yield of 33.99%.
GraniteShares YieldBoost AMZN ETF (AZYY) reduced its weekly distribution to $0.0998, a 1.71% decline from the prior week’s $0.1015. The fund’s annual distribution rate stands at 33.99%, while its SEC yield is 0.27%.
The payout is payable July 21 to shareholders of record as of July 17, with an ex-dividend date also set for July 17. The adjustment follows a pattern of variable weekly distributions tied to the fund’s covered-call strategy on Amazon stock.
No immediate market reaction was reported following the announcement.