TappAlpha Announces First Monthly Distribution for TappAlpha SPY Growth & Daily Income ETF (TSPY)
TappAlpha has announced the first monthly income distribution for its TappAlpha SPY Growth & Daily Income ETF (NASDAQ: TSPY). The distribution amount is $0.29488 per share, with a distribution rate of 14.2% and a 30-day SEC yield of 0.57% as of 10/3/24. The ex-date is set for Thursday, 10/3/2024, with the payable date on Friday, 10/4/2024.
TSPY aims to provide market-like growth and daily income using a (0DTE) covered call strategy on fund-owned shares of SPY, which tracks the S&P 500. Launched on August 15, 2024, TSPY is designed as a long-term investment vehicle for investors seeking both growth and income. The ETF has a management fee of 0.68% and $4,295,443 in net assets as of 10/3/2024.
TappAlpha ha annunciato la prima distribuzione mensile di reddito per il suo TappAlpha SPY Growth & Daily Income ETF (NASDAQ: TSPY). L'importo della distribuzione è di $0.29488 per azione, con un tasso di distribuzione del 14.2% e un rendimento SEC a 30 giorni del 0.57% al 03/10/24. La data di stacco è fissata per giovedì 03/10/2024, con data di pagamento venerdì 04/10/2024.
TSPY mira a fornire una crescita simile al mercato e un reddito giornaliero utilizzando una strategia di call coperte (0DTE) su azioni di SPY possedute dal fondo, che segue l'S&P 500. Lanciato il 15 agosto 2024, TSPY è progettato come un veicolo di investimento a lungo termine per gli investitori in cerca di crescita e reddito. L'ETF ha una commissione di gestione del 0.68% e $4,295,443 in attività nette al 03/10/2024.
TappAlpha ha anunciado la primera distribución mensual de ingresos para su TappAlpha SPY Growth & Daily Income ETF (NASDAQ: TSPY). El monto de la distribución es de $0.29488 por acción, con una tasa de distribución del 14.2% y un rendimiento SEC a 30 días del 0.57% a partir del 03/10/24. La fecha ex se establece para el jueves 03/10/2024, con la fecha de pago el viernes 04/10/2024.
TSPY tiene como objetivo proporcionar un crecimiento similar al del mercado y un ingreso diario utilizando una estrategia de opciones de compra cubiertas (0DTE) sobre acciones del SPY que posee el fondo, el cual sigue el S&P 500. Lanzado el 15 de agosto de 2024, TSPY está diseñado como un vehículo de inversión a largo plazo para inversores que buscan tanto crecimiento como ingresos. El ETF tiene una comisión de gestión del 0.68% y $4,295,443 en activos netos a partir del 03/10/2024.
TappAlpha는 TappAlpha SPY Growth & Daily Income ETF (NASDAQ: TSPY)의 최초 월간 소득 배분을 발표했습니다. 배분 금액은 $0.29488 per 주식이며, 배분 비율은 14.2%, 30일 SEC 수익률은 2024년 10월 3일 기준으로 0.57%입니다. 배당금 지급일은 2024년 10월 3일 목요일로 설정되어 있으며, 지급일은 2024년 10월 4일 금요일입니다.
TSPY는 S&P 500을 추적하는 자산으로 SPY 주식에 대한 (0DTE) 커버드 콜 전략을 이용하여 시장 같은 성장과 매일 소득을 제공하는 것을 목표로 합니다. 2024년 8월 15일에 출시된 TSPY는 성장과 소득을 모두 원하는 투자자를 위한 장기 투자 수단으로 설계되었습니다. 해당 ETF는 2024년 10월 3일 기준으로 0.68%의 관리 수수료와 $4,295,443의 순자산을 보유하고 있습니다.
TappAlpha a annoncé la première distribution mensuelle de revenus pour son TappAlpha SPY Growth & Daily Income ETF (NASDAQ: TSPY). Le montant de la distribution est de $0.29488 par action, avec un taux de distribution de 14.2% et un rendement SEC sur 30 jours de 0.57% au 03/10/24. La date ex est fixée au jeudi 03/10/2024, avec la date de paiement le vendredi 04/10/2024.
TSPY vise à fournir une croissance similaire à celle du marché et un revenu quotidien en utilisant une stratégie d'options d'achat couvertes (0DTE) sur les actions de SPY détenues par le fonds, qui suit le S&P 500. Lancé le 15 août 2024, TSPY est conçu comme un véhicule d'investissement à long terme pour les investisseurs cherchant à la fois croissance et revenu. L'ETF a des frais de gestion de 0.68% et $4,295,443 d'actifs nets au 03/10/2024.
TappAlpha hat die erste monatliche Einkommensverteilung für den TappAlpha SPY Growth & Daily Income ETF (NASDAQ: TSPY) angekündigt. Der Verteilungsbetrag beträgt $0.29488 pro Aktie, mit einem Verteilungszins von 14.2% und einer SEC-Rendite von 0.57% für den Zeitraum von 30 Tagen zum 03.10.24. Das Ex-Datum ist auf Donnerstag, den 03.10.2024, festgelegt, mit dem Auszahlungstermin am Freitag, den 04.10.2024.
TSPY hat zum Ziel, marktorientiertes Wachstum und tägliches Einkommen zu bieten, indem es eine (0DTE) Covered-Call-Strategie auf die vom Fonds gehaltenen SPY-Aktien anwendet, die den S&P 500 nachverfolgen. Der ETF wurde am 15. August 2024 gestartet und ist als langfristiges Investmentvehikel für Anleger konzipiert, die sowohl Wachstum als auch Einkommen suchen. Der ETF hat eine Verwaltungsgebühr von 0.68% und $4.295.443 an Nettovermögen zum 03.10.2024.
- First monthly distribution announced for TSPY ETF
- High distribution rate of 14.2% as of 10/3/24
- TSPY aims to provide both market-like growth and daily income
- Versatile investment solution appealing to a broad range of investors
- Low 30-day SEC yield of 0.57% as of 10/3/24
- Relatively high management fee of 0.68%
- Small net asset value of $4,295,443 as of 10/3/24
Insights
The launch of TappAlpha's SPY Growth & Daily Income ETF (TSPY) represents an innovative approach to combining growth and income strategies in a single investment vehicle. The ETF's first monthly distribution of
However, investors should be cautious about extrapolating this high yield into the future. The
The fund's strategy of using 0DTE (zero days to expiration) covered calls on SPY shares is an aggressive income-generation tactic. While this can produce high yields, it also carries risks, particularly in volatile markets. The
The
(Graphic: Business Wire)
Distribution Amount:
Distribution Rate (as of 10/3/24):
30-day SEC Yield (as of 10/3/24):
Ex-Date - Thursday, 10/3/2024
Payable Date - Friday, 10/4/2024
TSPY aims to return market-like growth along with daily income by using a (0DTE) covered call strategy on fund-owned shares of SPY, a fund that tracks the S&P 500.
Launched on August 15, 2024, TSPY is designed to be a consistent, long-term investment vehicle for investors who value both growth and income. TSPY is a versatile investment solution that can appeal to a broad range of investors and advisors by serving as an equity, income, or alternative portfolio allocation. TSPY is currently offered at a management fee of
To learn more about TappAlpha and TSPY, please visit TappAlphaFunds.com.
About TappAlpha
Founded in 2023, TappAlpha is a
Disclosures
For prospectus, click here: TSPY Prospectus
There is no guarantee that the Fund or the companies in its portfolio will pay or continue to pay dividends.
Investing in securities involves risk including the loss of principal.
Distributed by Foreside Fund Services, LLC, Member FINRA.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241004736060/en/
For media inquiries, please contact:
Gregory FCA for TappAlpha
TappAlpha@gregoryfca.com
Source: TappAlpha
FAQ
What is the first monthly distribution amount for TappAlpha SPY Growth & Daily Income ETF (TSPY)?
When was TSPY launched and what is its investment strategy?
What are the distribution rate and 30-day SEC yield for TSPY as of October 3, 2024?
What is the management fee and net asset value of TSPY as of October 3, 2024?
