ULTY Distributes 68.7% While Stock Price Drops 47%
The YieldMax Ultra Option Income Strategy ETF (ULTY) has paid out distributions totaling 68.7%, while its stock price declined by 47%. The fund's strategy involves selling options on high-volatility stocks, but it is funded partly through the liquidation of shareholder capital rather than gains from option strategies.
Topics: distribution rates ETFs NAV erosion option income strategies