Roundhill Investments has announced ETF distributions for its funds. The Roundhill Bitcoin Covered Call Strategy ETF (YBTC) will distribute $2.110319 per share, with a distribution rate of 58.14% and a 30-Day SEC Yield of 4.52%. The Roundhill Ether Covered Call Strategy ETF (YETH) will distribute $3.854488 per share, with no available distribution rate or SEC yield. The Roundhill S&P® Dividend Monarchs ETF (KNGS) will distribute $0.202370 per share, with a distribution rate of 2.74% and a 30-Day SEC Yield of 2.43%.
The ex-date for all distributions is 9/27/24, with a pay date of 9/30/24. YBTC and YETH have a gross expense ratio of 0.95%, while KNGS has a 0.35% ratio. The funds aim to make monthly distributions, but this is not guaranteed. Investors are cautioned that distribution rates may not be sustainable and past performance does not guarantee future results.
Upholdings launched its first growth ETF, Compound Kings® (KNGS), aiming to provide individual investors with access to a performance-driven investment manager. The ETF focuses on cashflow compounders that generate cash and reinvest it at higher returns than the market. With a management fee of 60 basis points, KNGS seeks to challenge the high costs of traditional funds. As of January 4, 2021, its largest holdings include Airbnb, Alibaba, and Facebook. Upholdings emphasizes rigorous investment research to maximize returns.