YMAG ETF

YieldMax Magnificent 7 Fund of Option Income ETFs offers a high dividend yield over 62% by using a synthetic covered call strategy on the Magnificent 7 stocks. The fund's strategy caps upside price appreciation but aims for high income through option premiums, making it suitable for strategic income generation. Despite its diversity within the tech sector, YMAG's NAV and price can deteriorate in a falling market, requiring active management and caution.

YMAG Fund invests equally in seven YieldMax ETFs focused on major tech stocks, generating income through options trading and distributing it monthly. The fund offers a 63% annualized distribution rate but has a relatively high expense ratio of 1.28%. YMAG's strategy limits upside potential but provides steady income, appealing to income-focused investors willing to trade capital appreciation for regular payouts.

YieldMax Magnificent 7 Fund now employs more flexible strategies like covered call spreads, aiming to reduce NAV decay and capture more upside during bull markets. The fund's new strategy may lower its high yields but promises more NAV stability, crucial for range-bound or flattish markets. YMAG's variable dividends will now be distributed weekly, aligning with funds like QDTE, while individual YieldMax funds maintain monthly payouts.

YMAG offers super yield (36%) income from the Magnificent Seven by constructing a portfolio using YieldMax individual income ETFs. YMAG portfolio is considered safe from the superior $15T growth market. The "out-of-favor" mega-cap market conditions offer a reasonable time to buy YMAG for income or "auto" profit-taking.

YieldMax Magnificent 7 Fund of Option Income ETFs seeks current income by investing in high-yield YieldMax ETFs focused on the Magnificent Seven, paying out monthly distributions. The YMAG ETF has a 22.5% total return in 2024, recouping 14.72% of the initial investment, with varying monthly distributions and potential risks. The Magnificent Seven stocks generate 20% of S&P returns but have low dividend yields, leading to the creation of the YieldMax™ Magnificent 7 Fund.