LFGY Announces Weekly Distribution of $0.1504

The YieldMax® Crypto Industry & Tech Portfolio Option Income ETF (LFGY) has announced a weekly distribution of $0.1504 per share, payable on October 8 to shareholders of record as of October 7. The ex-dividend date is also set for October 7. This represents an annualized distribution rate of 40.55%, although the SEC yield stands at -0.20%. This negative SEC yield suggests that expenses and other factors may outweigh income, potentially signaling a challenging financial environment or strategy for this ETF.

By Meghavi Singh, SA News Editor · Seeking Alpha ·

LFGY Announces Weekly Distribution of $0.1504

Tickers: $LFGY

Topics: crypto dividend etf

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