The fund’s distribution climbs 8.4% week-over-week, reflecting an annualized yield of 70.55% and SEC yield of 2.09%.
YieldMax’s RDYY ETF increased its weekly distribution to $0.2917, up 8.4% from the prior week’s $0.2691. The move lifts the fund’s annualized distribution rate to 70.55%, while its SEC yield stands at 2.09%.
The previous distribution of $0.2691 was paid in the prior week. The ETF’s strategy focuses on generating income through options on Reddit stock, aligning with recent market volatility in tech and social media sectors.
The distribution is payable June 22 to shareholders of record as of June 18, with an ex-dividend date set for June 18.