Record · Covered-call ETF

YieldMax MSTR Option Income Strategy ETF (MSTY) distribution, yield and NAV

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

MSTY yields 141.47% on trailing distributions at $12.68. The fund, from YieldMax, single-stock option income (call spreads on MSTR), on MSTR.

See pricing

Price 15 minutes delayedFund figures from the sponsorDistributions from fund declarations

MSTY

Covered-call ETF · AMEX

$12.68

-0.04% vs NAV

$0.16

last distribution

Nov 12, 2026

next ex-date, projected

141.47%

trailing yield

$12.69

NAV per share

Price 4:00 pm ET, Nov 6, 2026

MSTY

Covered-call ETF · AMEX

$12.68

-0.04% vs NAV

52-week $6.80 to $36.63

YieldMax MSTR Option Income Strategy ETF

Q1 · What it pays

141.47%yield on the trailing year of distributions

Distributions vary payment to payment; the last was $0.16/share. The last ex-date was November 5, 2026, paid November 6, 2026.

Last distribution$0.16

30-day yield2.56%

Q2 · What to check

Net asset value is $12.69/share, and the shares trade 0.04% below it. The expense ratio is 1.03% on $958.8M of assets. Return of capital in the distributions reads very high, 100% of the 2025 payout by the final tax characterization.

NAV

$12.69

Expense ratio

1.03%

Assets

$958.8M

Return of capital

Very High

100% of the 2025 payout

Underlying

MSTR

Sponsor

YieldMax

Q3 · The fund

Strategy

Single-stock option income (call spreads on MSTR)

Income structure

covered call

Holdings

Inception

Feb 21, 2024

Qualified income

—

of distributions

Q4 · What happens next

Next ex-date, projected from the cycleNov 12, 2026

Projected pay dateNov 13, 2026

Amount$0.16

Distribution history

Ex-date and pay date

Ex-date	Pay date	Per share	Annual rate	Kind
Nov 12, 2026	Nov 13, 2026	$0.16	$18.78	Projected
Nov 5, 2026	Nov 6, 2026	$0.16	$18.78	Regular
Oct 29, 2026	Oct 30, 2026	$0.16	$19.59	Regular
Oct 22, 2026	Oct 23, 2026	$0.17	$20.49	Regular
Oct 15, 2026	Oct 16, 2026	$0.25	$23.36	Regular
Oct 8, 2026	Oct 9, 2026	$0.24	$23.11	Regular
Oct 1, 2026	Oct 2, 2026	$0.31	$22.86	Regular
Sep 24, 2026	Sep 25, 2026	$0.34	$27.61	Regular
Sep 17, 2026	Sep 18, 2026	$0.24	$27.26	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 YieldMax MSTR Option Income Strategy ETF

YieldMax MSTR Option Income Strategy ETF is a covered-call ETF from YieldMax, launched February 21, 2024. Single-stock option income (call spreads on MSTR). The underlying is MSTR.

Company description

The fund is an actively managed ETF that seeks current income while maintaining the opportunity for exposure to the share price of the common stock of MicroStrategy Incorporated, subject to a limit on potential investment gains. The fund is non-diversified.

Same issuer

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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 MSTY 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.