YieldMax MSFT Option Income Strategy ETF announces weekly distribution of $0.0703

YieldMax’s MSFT Option Income Strategy ETF announced a weekly distribution of $0.0703, down 30.4% from the prior week’s $0.1010 payment. The fund reported an annualized distribution rate of 31.36% and an SEC yield of 2.44%, with return of capital making up 91.61% of the payout. The distribution is payable June 12 to shareholders of record on June 11, with the ex-dividend date also June 11. The news is relevant mainly for income-focused investors in the Microsoft-linked options ETF, indicating a lower weekly cash payout but still a very high annualized distribution rate.