YieldMax™ Launches Option Income Strategy ETF on Taiwan Semiconductor (TSM)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 20 2024
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Source: Globenewswire
Launch of New ETF: YieldMax™ has introduced the YieldMax™ TSM Option Income Strategy ETF (TSMY), which aims to generate monthly income through options-based strategies on the ADRs of Taiwan Semiconductor Manufacturing Co Ltd. (TSM) and is actively managed by ZEGA Financial.
Investment Risks and Distributions: The ETF does not invest directly in TSM or its ADRs, and potential distributions may vary significantly, including risks associated with derivatives, market volatility, and non-diversification.
Analyst Views on TSMY
Wall Street analysts forecast TSMY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TSMY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 15.960
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Current: 15.960
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
