YieldMax™ Launches Its First Target 12™ ETF Introducing the Target 12™ Big 50 Option Income ETF (BIGY)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 20 2024
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Source: Globenewswire
Launch of YieldMax™ Target 12™ ETFs: YieldMax™ has introduced the YieldMax™ Target 12™ Big 50 Option Income ETF (BIGY), which aims for a target annual income level of 12% through selling options contracts on a portfolio of 50 large U.S. companies, while also seeking capital appreciation.
Investment Strategy and Risks: BIGY's strategy involves actively managing its equity portfolio and writing options to generate income; however, investors should be aware of various risks including distribution variability, market volatility, and potential losses due to the nature of options trading.
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.
