Purpose Investments Expands Yield Shares Lineup with Seven New ETFs, Offering Enhanced Income Opportunities
New ETF Launch: Purpose Investments has introduced seven new yield-focused single-stock ETFs, including the Tech Innovators Yield Shares Purpose ETF, designed to provide enhanced monthly income and long-term growth potential from leading companies like Costco, Netflix, and major tech firms.
Investment Strategy: The Yield Shares suite employs a covered call strategy with moderate leverage to generate tax-efficient income while allowing investors to maintain exposure to high-quality companies, aiming to balance income and growth in their portfolios.
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YieldMax ETFs Distribution Update: YieldMax ETFs announced a shift to a weekly distribution schedule for all single-stock option income ETFs, consolidating them into two groups for streamlined management.
Group 1 and Group 2 Details: Group 1 ETFs will declare distributions every Tuesday, while Group 2 ETFs will do so every Wednesday, with corresponding ex/record and payment dates set for the following days.
Dividend Declaration: YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) has declared a weekly dividend of $0.0989 per share, payable on October 3 for shareholders of record on October 2, with an ex-dividend date also on October 2.
Investment Insights: The fund is noted for its high-risk, high-yield investment strategy, with comparisons made to other funds like YMAX, highlighting the challenges income investors face in selecting between these options.
Dividend Declaration: YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) has declared a weekly dividend of $0.1523 per share, payable on September 26 to shareholders of record on September 25.
Investment Insights: The fund is noted for its high-risk, high-yield investment strategy, with comparisons made to other funds like YMAX, highlighting the challenges income investors face in choosing between them.
Dividend Declaration: YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) has declared a weekly dividend of $0.1427 per share, payable on September 12 for shareholders of record on September 11.
Investment Comparison: Both YMAG and YMAX offer high yield income on a weekly basis, but they are considered very high-risk investments.

YieldMax® ETF Distributions: YieldMax® announced weekly and monthly distributions for various ETFs, detailing their distribution rates, frequencies, and payment dates, with notable yields such as 62.94% for the Crypto Industry ETF and 121.23% for the HOOD Option Income Strategy ETF.
Investment Risks: The article outlines several risks associated with investing in YieldMax® ETFs, including market volatility, counterparty risk, and the potential for variable distributions, emphasizing that past performance is not indicative of future results.
Dividend Announcement: YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) has declared a weekly dividend of $0.1691 per share.
Payment Details: The dividend is payable on June 23 for shareholders of record on June 20, with an ex-dividend date also set for June 20.





