The YieldMax Fund That Doesn’t Blow Up: A Target 12% From 50 Blue Chips
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The post The YieldMax Fund That Doesn’t Blow Up: A Target 12% From 50 Blue Chips appeared first on 24/7 Wall St..
Holders of the YieldMax MSTR Option Income Strategy ETF (NASDAQ:MSTY) bought into a story about triple-digit headline yields funded by option premiums on MicroStrategy. The appeal is real: MSTY sends cash every week, and at one point, the trailing yield printed around 222.83%. The problem is the payout has followed the underlying down. MSTY’s weekly distribution has slid
Holders of the YieldMax MSTR Option Income Strategy ETF (NASDAQ:MSTY) bought into a story about triple-digit headline yields funded by option premiums on MicroStrategy. The appeal is real: MSTY sends cash every week, and at one point, the trailing yield printed around 222.83%. The problem is the payout has followed the underlying down. MSTY’s weekly distribution has slid
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