YieldMax’s MRNA-focused ETF slashes its weekly payout to $0.2524, marking its lowest distribution since inception.
YieldMax MRNA Option Income Strategy ETF (MRNY) reduced its weekly distribution to $0.2524, a 30.79% decline from the prior week’s $0.3647 payout. The move reflects a shift in option income generation amid market conditions.
The ETF’s annual distribution rate stands at 82.33%, with an SEC yield of 2.05%. The distribution is payable July 24 to shareholders of record as of July 23, with an ex-dividend date of July 23.
No immediate market reaction was disclosed in the release.