ETF profile for Yieldmax Jp Option Income Strategy ETF (JPO) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
JPO ETF Profile
| Family: |
Elevate Shares |
| Name: |
YieldMax JP Option Income Strategy ETF |
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| Inception Date: |
11-Sep-2023 |
| Termination Date: |
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| Investment Objective: |
The YieldMax JP Option Income Strategy ETF is an actively managed fund that seeks to generate weekly income by selling call options or call spreads on JPM. The Fund seeks current income while providing indirect exposure to the share price (i.e., the price returns) of the Underlying Security, subject to participation in a portion of potential investment gains. The Fund will employ its investment strategy as it relates to the Underlying Security regardless of whether there are periods of adverse market, economic, or other conditions and will not take temporary defensive positions during such periods. The Fund uses either a synthetic covered call strategy or a synthetic covered call spread strategy to seek to generate options premiums and provide indirect exposure to the share price returns of the Underlying Security, subject to participation in a portion of potential investment gains as a result of the nature of the options strategy it employs. That is, the Fund not only seeks to generate options premiums but also aims to derive gains when the value of the Underlying Security increases. |
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| Prospectus |
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| Top 10 Holdings |
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| United States Treasury Note/Bond 2.375% 05/15/2027 |
912828X88 |
34.0700% |
| Cash & Other |
|
25.8400% |
| United States Treasury Note/Bond 3.375% 09/15/2027 |
91282CLL3 |
19.8000% |
| United States Treasury Bill 07/08/2027 |
B 0 07/08/27 |
16.9000% |
| United States Treasury Bill 12/10/2026 |
B 0 12/10/26 |
8.0700% |
| JPM 11/20/2026 360.01 P |
|
-5.3400% |
| United States Treasury Bill 02/18/2027 |
B 0 02/18/27 |
1.1000% |
| JPM US 10/30/26 C337.5 |
|
-1.0900% |
| JPM 11/20/2026 360.01 C |
|
0.5500% |
| JPM US 10/30/26 C342.5 |
|
0.4000% |
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Top 10 Holdings Weight: |
100.3% |
| Number of Holdings: |
14 |
| Shares Outstanding: |
2,175,000 |
| Total Net Assets: |
29,425,358 |
| NAV: |
13.53 |
| Net Expense Ratio: |
1.04% |
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| Asset Class: |
Equities (Stocks) |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
Covered Call Strategy |
| Currency: |
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| Commodity: |
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| Sector: |
Financials |
| Industry: |
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| Dividend Type: |
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| Tax Exempt State: |
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| Maturity Duration: |
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| Market Cap: |
Large Cap |
| Credit Quality: |
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| Mortgage Bond Types: |
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| Bond Type: |
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| Gov't Bond Types: |
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| Reit Type: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
