YieldMax Ultra Option Income Strategy ETF reduces its weekly payout by 0.5%, marking a rare negative SEC yield.
YieldMax Ultra Option Income Strategy ETF (ULTY) declared a $0.3082 per share weekly dividend, down 0.5% from the prior $0.3096 payout. The move reflects an annual distribution rate of 60.13% but an SEC yield of -0.78%, with 100% of the distribution classified as return of capital.
The reduction follows a consistent weekly dividend schedule, though the negative SEC yield highlights unusual market conditions. The prior payout of $0.3096 had been maintained in recent weeks, making this the first decrease in the ETF’s short-term distribution history.
The dividend is payable August 6 to shareholders of record as of August 5, with an ex-dividend date of August 5.