YieldMax Magnificent 7 Fund of Option Income ETFs
YMAG

$19.24

0.31%

Market Cap: $125M

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

400% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 1

200% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 2

99% more capital invested

Capital invested by funds: $4.32M [Q1] → $8.61M (+$4.29M) [Q2]

50% more funds holding

Funds holding: 8 [Q1] → 12 (+4) [Q2]

2.88% less ownership

Funds ownership: 13.79% [Q1] → 10.91% (-2.88%) [Q2]

12% less call options, than puts

Call options by funds: $64K | Put options by funds: $73K

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Research analyst outlook

We haven’t received any recent analyst ratings for YMAG.

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Financial journalist opinion

Based on 5 articles about YMAG published over the past 30 days

YieldMax™ ETFs Announces Distributions on Fund of Funds and Ultra ETFs

CHICAGO, MILWAUKEE and NEW YORK, Sept. 18, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced distributions on the following YieldMax™ ETFs: ETF Ticker 1 ETF Name Distribution per Share Distribution Frequency Distribution Rate 2 ,4 30-Day SEC Yield 3 Ex-Date & Record Date Payment Date YMAX YieldMax™ Universe Fund of Option Income ETFs $0.2270 Weekly 67.17% 65.73% 9/19/2024 9/20/2024 YMAG YieldMax™ Magnificent 7 Fund of Option Income ETFs $0.1979 Weekly 53.84% 50.80% 9/19/2024 9/20/2024 ULTY YieldMax™ Ultra Option Income Strategy ETF $0.9825 Every 4 Weeks 104.91% 0.00% 9/19/2024 9/20/2024 Distributions may also include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease an ETF's NAV and trading price over time.

YieldMax™ ETFs Announces Distributions on Fund of Funds and Ultra ETFs

YMAG Provides Mag7 Exposure With An Appealing Income Component

YMAG is a collection of YieldMax's option income strategies focused on the Mag7 companies, offering income and exposure to top tech names. I recommend YMAG with a HOLD rating and a 2% allocation in tax-efficient portfolios due to its high-income component and correlation with the NASDAQ. Investors should be cautious of potential volatility from the September Fed meeting and November Presidential election, impacting YMAG's performance.

YMAG Provides Mag7 Exposure With An Appealing Income Component

YMAG: Major Shift In Strategy

YieldMax Magnificent 7 Fund now employs more flexible strategies like covered call spreads, aiming to reduce NAV decay and capture more upside during bull markets. The fund's new strategy may lower its high yields but promises more NAV stability, crucial for range-bound or flattish markets. YMAG's variable dividends will now be distributed weekly, aligning with funds like QDTE, while individual YieldMax funds maintain monthly payouts.

YMAG: Major Shift In Strategy

YieldMax™ ETFs Announces Changes to its Distribution Schedules

CHICAGO and MILWAUKEE and NEW YORK, Sept. 12, 2024 (GLOBE NEWSWIRE) -- YieldMax™ announced upcoming changes to its distribution schedules today.

YieldMax™ ETFs Announces Changes to its Distribution Schedules

YMAG: Income From The $15T Market Valuation

YMAG offers super yield (36%) income from the Magnificent Seven by constructing a portfolio using YieldMax individual income ETFs. YMAG portfolio is considered safe from the superior $15T growth market. The "out-of-favor" mega-cap market conditions offer a reasonable time to buy YMAG for income or "auto" profit-taking.

YMAG: Income From The $15T Market Valuation

YieldMax™ ETFs Announces Monthly Distributions on Fund of Funds and Ultra ETFs

CHICAGO and MILWAUKEE and NEW YORK, Aug. 14, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced monthly distributions on the following YieldMax™ ETFs: ETF Ticker 1 ETF Name Distribution per Share Distribution Rate 2 ,4 30-Day SEC Yield 3 Ex-Date & Record Date Payment Date YMAX YieldMax™ Universe Fund of Option Income ETFs $0.5912 39.17% 65.24% 8/15/2024 8/16/2024 YMAG YieldMax™ Magnificent 7 Fund of Option Income ETFs $0.5761 35.73% 49.30% 8/15/2024 8/16/2024 ULTY YieldMax™ Ultra Option Income Strategy ETF $0.7803 81.36% 0.00% 8/15/2024 8/16/2024 Distributions may also include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease an ETF's NAV and trading price over time. The performance data quoted above represents past performance.

YieldMax™ ETFs Announces Monthly Distributions on Fund of Funds and Ultra ETFs

YieldMax™ ETFs Announces Monthly Distributions on Fund of Funds and Ultra ETFs

CHICAGO, MILWAUKEE and NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced monthly distributions on the following YieldMax™ ETFs: ETF Ticker 1 ETF Name Distribution per Share Distribution Rate 2 30-Day SEC Yield 3 Ex-Date & Record Date Payment Date YMAX YieldMax™ Universe Fund of Option Income ETFs $ 0.6516 38.78 % 62.89 % 7/17/2024 7/18/2024 YMAG YieldMax™ Magnificent 7 Fund of Option Income ETFs $ 0.6365 35.78 % 46.89 % 7/17/2024 7/18/2024 ULTY YieldMax™ Ultra Option Income Strategy ETF $ 0.9948 83.72 % 0.00 % 7/17/2024 7/18/2024 Distributions may also include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease an ETF's NAV and trading price over time. The performance data quoted above represents past performance.

YieldMax™ ETFs Announces Monthly Distributions on Fund of Funds and Ultra ETFs

YMAG: 33% Yield On Magnificent Seven Stocks

YieldMax Magnificent 7 Fund of Option Income ETFs seeks current income by investing in high-yield YieldMax ETFs focused on the Magnificent Seven, paying out monthly distributions. The YMAG ETF has a 22.5% total return in 2024, recouping 14.72% of the initial investment, with varying monthly distributions and potential risks. The Magnificent Seven stocks generate 20% of S&P returns but have low dividend yields, leading to the creation of the YieldMax™ Magnificent 7 Fund.

YMAG: 33% Yield On Magnificent Seven Stocks

YieldMax™ Launches Short COIN Option Income Strategy ETF (FIAT)

CHICAGO, MILWAUKEE and NEW YORK, July 10, 2024 (GLOBE NEWSWIRE) -- YieldMax™ announced the launch today of the following ETF:

YieldMax™ Launches Short COIN Option Income Strategy ETF (FIAT)

YMAG: Collecting A Big Yield In The Magnificent Seven, Spotting The Risks

Magnificent Seven stocks have surged in 2024, with trillions added to market cap collectively just in the last two months; even Tesla has turned positive on the year. A new ETF, YMAG, offers exposure to Magnificent Seven stocks through covered-call ETFs for high yield. YMAG has a high fee and low AUM, and I outline risks associated with the ETF today.

YMAG: Collecting A Big Yield In The Magnificent Seven, Spotting The Risks

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