Roundhill Investments Announces YBTC and YETH Distributions for October 31, 2024
Roundhill Investments has announced ETF distributions for October 31, 2024. The Roundhill Bitcoin Covered Call Strategy ETF (YBTC) will distribute $0.884450 per share, with a distribution rate of 24.10% and a 30-Day SEC yield of 3.75%. The Roundhill Ether Covered Call Strategy ETF (YETH) will distribute $2.299000 per share, with rates not yet available. Both funds have a gross expense ratio of 0.95% and aim for monthly distributions, though these are not guaranteed. The company notes that favorable market conditions may not be sustainable, and distributions might include return of capital.
Roundhill Investments ha annunciato le distribuzioni degli ETF per il 31 ottobre 2024. Il Roundhill Bitcoin Covered Call Strategy ETF (YBTC) distribuirà $0.884450 per azione, con un tasso di distribuzione del 24,10% e un rendimento SEC a 30 giorni del 3,75%. Il Roundhill Ether Covered Call Strategy ETF (YETH) distribuirà $2.299000 per azione, con tassi ancora non disponibili. Entrambi i fondi hanno un rapporto spese lordo dello 0,95% e puntano a distribuzioni mensili, sebbene queste non siano garantite. L'azienda sottolinea che le condizioni di mercato favorevoli potrebbero non essere sostenibili e che le distribuzioni potrebbero includere un ritorno di capitale.
Roundhill Investments ha anunciado las distribuciones de ETF para el 31 de octubre de 2024. El Roundhill Bitcoin Covered Call Strategy ETF (YBTC) distribuirá $0.884450 por acción, con una tasa de distribución del 24.10% y un rendimiento SEC a 30 días del 3.75%. El Roundhill Ether Covered Call Strategy ETF (YETH) distribuirá $2.299000 por acción, con tasas aún no disponibles. Ambos fondos tienen una relación de gastos bruta del 0.95% y buscan distribuciones mensuales, aunque estas no están garantizadas. La empresa nota que las condiciones del mercado favorables podrían no ser sostenibles, y que las distribuciones podrían incluir el retorno de capital.
라운드힐 인베스트먼트는 2024년 10월 31일 ETF 배당을 발표했습니다. 라운드힐 비트코인 커버드 콜 전략 ETF (YBTC)는 주당 $0.884450를 배당하며, 배당률은 24.10%이고 30일 SEC 수익률은 3.75%입니다. 라운드힐 이더 커버드 콜 전략 ETF (YETH)는 주당 $2.299000를 배당하지만, 비율은 아직 제공되지 않았습니다. 두 펀드는 총 비용 비율이 0.95%이며 월별 배당을 목표로 하고 있지만, 이는 보장되지 않습니다. 회사는 유리한 시장 조건이 지속되지 않을 수 있으며, 배당에는 자본 반환이 포함될 수 있음을 언급했습니다.
Roundhill Investments a annoncé des distributions d'ETF pour le 31 octobre 2024. Le Roundhill Bitcoin Covered Call Strategy ETF (YBTC) distribuera 0,884450 $ par action, avec un taux de distribution de 24,10 % et un rendement SEC sur 30 jours de 3,75 %. Le Roundhill Ether Covered Call Strategy ETF (YETH) distribuera 2,299000 $ par action, avec des taux encore non disponibles. Les deux fonds ont un ratio de frais brut de 0,95 % et visent des distributions mensuelles, bien que celles-ci ne soient pas garanties. L'entreprise souligne que les conditions de marché favorables peuvent ne pas être durables et que les distributions pourraient inclure un retour de capital.
Roundhill Investments hat die ETF-Ausschüttungen für den 31. Oktober 2024 bekannt gegeben. Der Roundhill Bitcoin Covered Call Strategy ETF (YBTC) wird $0.884450 pro Anteil ausschütten, mit einer Ausschüttungsquote von 24,10% und einer 30-tägigen SEC-Rendite von 3,75%. Der Roundhill Ether Covered Call Strategy ETF (YETH) wird $2.299000 pro Anteil ausschütten, wobei die Raten noch nicht verfügbar sind. Beide Fonds haben eine Bruttokostenquote von 0,95% und streben monatliche Ausschüttungen an, obwohl diese nicht garantiert sind. Das Unternehmen weist darauf hin, dass günstige Marktbedingungen möglicherweise nicht nachhaltig sind und die Ausschüttungen möglicherweise Kapitalrückzahlungen enthalten könnten.
- High distribution rate of 24.10% for YBTC
- Significant distribution amount of $0.884450 per share for YBTC
- Monthly distribution schedule maintained
- Distributions may exceed Funds' income and gains, leading to return of capital
- Current favorable conditions may not be sustainable
- High expense ratio of 0.95% for both funds
Insights
The distribution announcement for YBTC reveals a significant 24.10% distribution rate and a
The
Fund Name | Ticker | Distribution Rate* | Distribution | 30-Day SEC | Ex-Date | Pay Date |
Roundhill Bitcoin | YBTC | 24.10 % | 3.75 % | 10/30/24 | 10/31/24 | |
Roundhill Ether | YETH | N/A | N/A | 10/30/24 | 10/31/24 |
The Distribution Rate* (as of 10/25/2024) and the 30-Day SEC Yield** (as of 9/30/24) for the Roundhill Bitcoin Covered Call Strategy ETF are
The Distribution Rate* and the 30-Day SEC Yield** for the Roundhill Ether Covered Call Strategy ETF were not yet available.
The Gross Expense Ratio for YBTC and YETH is
The performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be lower or higher than the performance data quoted. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost. Returns less than one year are not annualized. For the most recent standardized and month-end performance, please click here: YBTC, YETH.
The Funds currently expect, but do not guarantee, to make distributions on a monthly basis. Distributions may exceed the Funds' income and gains for the Funds' taxable year. Distributions in excess of the Funds' current and accumulated earnings and profits will be treated as a return of capital. Distribution rates caused by unusually favorable market conditions may not be sustainable. Such conditions might not continue to exist and there should be no expectation that this performance will be repeated in the future. Please see the Supplemental Tax Information section of the webpage for more information on the distribution composition including the estimated return of capital.
*Distribution Rate: The annual rate an investor would receive if the most recent fund distribution remained the same going forward. The rate represents a single distribution from the fund and does not represent total return of the fund. The distribution rate is calculated by annualizing the most recent distribution and dividing by the most recent fund NAV.
**30-Day SEC Yield: Yield calculation that reflects the dividends and interest earned during the period after the deduction of the fund's expenses. It is also referred to as the "standardized yield".
About Roundhill Investments:
Founded in 2018, Roundhill Investments is an SEC-registered investment advisor focused on innovative exchange-traded funds. Roundhill's suite of ETFs offers distinct and differentiated exposures across thematic equity, options income, and trading vehicles. Roundhill offers a depth of ETF knowledge and experience, as the team has collectively launched more than 100+ ETFs including several first-to-market products. To learn more about the company, please visit roundhillinvestments.com.
This material must be preceded or accompanied by a prospectus.
Click here for the YBTC prospectus.
Click here for the YETH prospectus.
All investing involves risk, including the risk of loss of principal. There is no guarantee the investment strategy will be successful. The funds faces numerous risks, including options risk, liquidity risk, market risk, cost of futures investment risk, clearing broker risk, commodity regulatory risk, futures contract risk, active management risk, active market risk, clearing broker risk, credit risk, derivatives risk, legislation and litigation risk, operational risk, trading issues risk, valuation risk and non-diversification risk. For a detailed list of fund risks see the prospectus.
Covered Call Strategy Risk. A covered call strategy involves writing (selling) covered call options in return for the receipt of premiums. The seller of the option gives up the opportunity to benefit from price increases in the underlying instrument above the exercise price of the options, but continues to bear the risk of underlying instrument price declines. The premiums received from the options may not be sufficient to offset any losses sustained from underlying instrument price declines, over time. As a result, the risks associated with writing covered call options may be similar to the risks associated with writing put options. Exchanges may suspend the trading of options during periods of abnormal market volatility. Suspension of trading may mean that an option seller is unable to sell options at a time that may be desirable or advantageous to do.
YBTC
Bitcoin Futures ETF Risks. The Fund will have significant exposure to the Bitcoin Futures ETF through its options positions that utilize the Bitcoin Futures ETF as the reference asset. Accordingly, the Fund will subject to the risks of the Bitcoin Futures ETF, set forth below.
Bitcoin Risk. Bitcoin is a relatively new innovation and the market for bitcoin is subject to rapid price swings, changes and uncertainty. The further development of the Bitcoin network and the acceptance and use of bitcoin are subject to a variety of factors that are difficult to evaluate. The slowing, stopping or reversing of the development of the Bitcoin network or the acceptance of bitcoin may adversely affect the price of bitcoin. Bitcoin is subject to the risk of fraud, theft, manipulation or security failures, operational or other problems that impact the digital asset trading venues on which bitcoin trades. The Bitcoin blockchain may contain flaws that can be exploited by hackers. A significant portion of bitcoin is held by a small number of holders sometimes referred to as "whales." Transactions of these holders may influence the price of bitcoin.
Digital Asset Industry Risk. The digital asset industry is a new, speculative, and still-developing industry that faces many risks. In this emerging environment, events that are not directly related to the security or utility of the Ethereum blockchain or the Bitcoin blockchain can nonetheless precipitate a significant decline in the price of ether and bitcoin.
Digital Asset Regulatory Risk. Digital asset markets in the
New Fund Risk. The fund is new and has a limited operating history.
Roundhill Financial Inc. serves as the investment advisor. The Funds are distributed by Foreside Fund Services, LLC which is not affiliated with Roundhill Financial Inc.,
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SOURCE Roundhill Investments
FAQ
What is the distribution amount for YBTC ETF on October 31, 2024?
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