YieldMax Short NVDA Option Income Strategy ETF announces weekly distribution of $0.3255

YieldMax’s Short NVDA Option Income Strategy ETF (DIPS) announced a weekly distribution of $0.3255, a 20.69% increase from the prior week’s $0.2697, payable May 29 with record/ex-div on May 28. The fund lists an annual distribution rate of 43.11%, an SEC yield of 2.66% and a return of capital of 92.92%. Fund stats on the page show a $25.79 dividend rate, a 65.62% yield and roughly $9M AUM. The higher weekly payout may attract income-seeking investors to the DIPS vehicle, but the very high return-of-capital figure and low SEC yield suggest caution; the distribution appears to be driven by option income/structural mechanics rather than sustainable earnings, and flows into the fund could affect short/option positioning linked to NVDA.