Family: | Elevate Shares |
Name: | YieldMax Target 12 Big 50 Option Income ETF |
Inception Date: | 20-Nov-2024 |
Termination Date: | |
Investment Objective: | YieldMax Target 12 Big 50 Option Income ETF investment objective is to seek current income. BIGY's secondary investment objective is to seek capital appreciation via investments in a select portfolio of 50 of the largest U.S. companies. Fund is an actively managed ETF that seeks a target annual income level of 12% and capital appreciation via direct investments in a select portfolio of 50 large cap companies (each a "Big 50 Company"). BIGY considers a "Big 50 Company" as one of the 50 largest U.S. companies (in terms of market capitalization) whose U.S.-listed equity securities have options contracts that are sufficiently liquid, as determined by BIGY's investment sub-adviser. BIGY seeks to generate a target annual income level of 12% primarily by writing (selling) options contracts on some or all of its portfolio companies. BIGY seeks capital appreciation via direct investments in the Big 50 Companies. ZEGA will typically evaluate and select the Big 50 companies every quarter. |
Prospectus | |
Top 10 Holdings | ||
Apple Inc | AAPL | 10.7000% |
Microsoft Corp | MSFT | 9.7500% |
NVIDIA Corp | NVDA | 9.2800% |
Alphabet Inc | GOOGL | 6.0700% |
Amazon.com Inc | AMZN | 5.7100% |
Meta Platforms Inc | META | 4.8800% |
Cash & Other | 3.4300% | |
Eli Lilly & Co | LLY | 3.1300% |
Tesla Inc | TSLA | 2.8000% |
Broadcom Inc | AVGO | 2.6200% |
Top 10 Holdings Weight: | 58.4% |
Number of Holdings: | 110 |
Shares Outstanding: | 175,000 |
Total Net Assets: | 7,644,018 |
NAV: | 43.62 |
Net Expense Ratio: | 0.99% |
Asset Class: | Equities (Stocks) |
Developed or Emerging: | Developed Market Funds |
Country: | US |
Region: | |
Strategy: | Buy-Write strategy |
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Market Cap: | Large Cap |
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Is Currency Hedged: | No |
US or Ex-US: | Domestic |