YieldMax’s NFLX-linked ETF reduces its weekly distribution by 15% as annualized yield holds at 33.33%.
YieldMax NFLX Option Income Strategy ETF (NFLY) declared a weekly distribution of $0.0626, down 15.06% from last week’s $0.0737. The move trims the payout while maintaining an annual distribution rate of 33.33%.
The fund’s SEC yield stands at 2.60%, unchanged from previous disclosures. The distribution is payable May 22 to shareholders of record May 21, with an ex-dividend date of May 21.