Record · Covered-call ETF

ProShares - S&P 500 High Income ETF (ISPY) distribution, yield and NAV

The record members read, with the price chart and the complete distribution ledger opening on a free account.

ISPY distributed $0.24/share last month, a 6.12% yield on the trailing year at $46.00. The fund, from ProShares, tracks the S&P 500 Daily Covered Call Index: long index plus short one-day-to-expiry OUT-OF-THE-MONEY index calls. The Fund does not write the calls; exposure to the short component is obtained through swap agreements., on S&P 500.

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Price 15 minutes delayedFund figures from the sponsorDistributions from fund declarations

ISPY

Covered-call ETF · CBOE

$46.00

+0.66% vs NAV

$0.24

last distribution, monthly

Dec 2, 2026

next ex-date, projected

6.12%

trailing yield

$45.70

NAV per share

Price 4:00 pm ET, Nov 6, 2026

ISPY

Covered-call ETF · CBOE

$46.00

+0.66% vs NAV

52-week $42.32 to $49.17

ProShares - S&P 500 High Income ETF

Monthly

Q1 · What it pays

6.12%yield on the trailing year of distributions, monthly

Distributions vary month to month; the last was $0.24/share. The last ex-date was November 2, 2026, paid November 6, 2026.

Last distribution$0.24

30-day yield—

Q2 · What to check

Net asset value is $45.70/share, and the shares trade 0.66% above it. The expense ratio is 0.55% on $1.1B of assets. Return of capital in the distributions reads very high, 86% of the 2025 payout by the final tax characterization.

NAV

$45.70

Expense ratio

0.55%

Assets

$1.1B

Return of capital

Very High

86% of the 2025 payout

Underlying

S&P 500

Sponsor

ProShares

Q3 · The fund

Strategy

Tracks the S&P 500 Daily Covered Call Index: long index plus short one-day-to-expiry OUT-OF-THE-MONEY index calls. The Fund does not write the calls; exposure to the short component is obtained through swap agreements.

Income structure

synthetic covered call

Holdings

Inception

Dec 18, 2023

Qualified income

—

of distributions

Q4 · What happens next

Next ex-date, projected from the cycleDec 2, 2026

Projected pay dateDec 7, 2026

Amount$0.24

Distribution history

Ex-date and pay date

Ex-date	Pay date	Per share	Annual rate	Kind
Dec 2, 2026	Dec 7, 2026	$0.24	$2.89	Projected
Nov 2, 2026	Nov 6, 2026	$0.24	$2.89	Regular
Oct 1, 2026	Oct 7, 2026	$0.25	$2.65	Regular
Sep 1, 2026	Sep 8, 2026	$0.23	$2.66	Regular
Aug 3, 2026	Aug 7, 2026	$0.24	$2.43	Regular
Jul 1, 2026	Jul 8, 2026	$0.25	$2.23	Regular
Jun 1, 2026	Jun 5, 2026	$0.23	$2.49	Regular
May 1, 2026	May 7, 2026	$0.30	$2.26	Regular
Apr 1, 2026	Apr 8, 2026	$0.30	$3.24	Regular

The last eight declarations and the projected next one. The complete ledger, the chart and the declaration dates open with a free account.

About ProShares - S&P 500 High Income ETF

ProShares - S&P 500 High Income ETF is a covered-call ETF from ProShares, launched December 18, 2023. Tracks the S&P 500 Daily Covered Call Index: long index plus short one-day-to-expiry OUT-OF-THE-MONEY index calls. The Fund does not write the calls; exposure to the short component is obtained through swap agreements. The underlying is S&P 500.

Company description

The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the index. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. It is non-diversified.

Same issuer

IQQQITWO

Read on

Covered-call ETFs: income or principalHow to tell a distribution earned from option premium from one paid out of the fund.
Is the JEPI distribution return of capitalReading the 19a notices and the final 1099 characterization.
Building an income portfolioWhere a covered-call fund sits next to preferreds and baby bonds.
GlossaryThe terms on this page, defined.

The coverage trap check, the price chart and the issuer fundamentals open with a free account.

A watchlist, alerts and the calculators for this issue open with a free account.

See what ISPY keeps after tax, open to everyone, with the figures from this page filled in.

Credit quality shows Investment grade, High yield or Not rated. No agency grades are shown. Sources: SEC EDGAR, licensed market data, FRED. Nothing on this page is investment advice or a recommendation to buy, sell or hold.