The fund’s distribution surged to $0.3294 per share, reflecting a 105.33% annualized rate and 98.61% return of capital.
YieldMax HIMS Option Income Strategy ETF (HIYY) increased its weekly distribution to $0.3294 per share, an 88.12% jump from the prior week’s $0.1751. The move lifts the annual distribution rate to 105.33%, with an SEC yield of 1.50%. Return of capital accounts for 98.61% of the payout.
The distribution is payable June 26 to shareholders of record as of June 25, with an ex-dividend date of June 25. The prior week’s payout marked a lower baseline before the sharp increase.
The fund focuses on generating income through options strategies tied to Hims & Hers Health (HIMS) stock, aiming to deliver high yields to investors.