Welcome to our dedicated page for Roundhill S&P 500 Target 20 Managed Distribution ETF news (Ticker: XPAY), a resource for investors and traders seeking the latest updates and insights on Roundhill S&P 500 Target 20 Managed Distribution ETF stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Roundhill S&P 500 Target 20 Managed Distribution ETF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Roundhill S&P 500 Target 20 Managed Distribution ETF's position in the market.
Roundhill Investments has announced its 2024 distribution schedule for the Roundhill S&P 500® Target 20 Managed Distribution ETF (XPAY). The fund will distribute $0.972333 per share monthly, with upcoming distributions scheduled for November 7 and December 12, 2024. XPAY aims to provide monthly return of capital distributions at a 20% annualized rate while offering S&P 500® exposure. The distribution rate is based on the fund's initial NAV, though it may be adjusted in the future. The distributions are expected to consist primarily of return of capital.
Roundhill Investments has launched the S&P 500® Target 20 Managed Distribution ETF (XPAY) on NYSE Arca. The ETF aims to provide monthly return of capital distributions at an annualized rate of 20% while maintaining exposure to the S&P 500. XPAY targets 100% return of capital distributions, which may offer tax advantages compared to capital gains or dividend income, as these distributions are not taxable in the year received. The fund is designed for income-oriented investors seeking tax-efficient monthly distributions without sacrificing exposure to U.S. equity growth potential.
FAQ
What is the current stock price of Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY)?
