| Family: | Elevate Shares |
| Name: | YieldMax Magnificent 7 Fund of Option Income ETF |
| Inception Date: | 29-Jan-2024 |
| Termination Date: | |
| Investment Objective: | The YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) is an actively managed exchange-traded fund that seeks to generate current income. The Fund is a fund of funds, meaning that it primarily invests its assets in the shares of other ETFs, rather than in securities of individual companies. In addition, from time to time, the Fund may invest directly in the securities and financial instruments in which one or more Underlying YieldMax ETFs invests. The Fund's portfolio will be primarily composed of seven YieldMax ETFs. Each of the seven Underlying YieldMax ETFs in which the Fund may invest has a primary investment objective to seek current income, and a secondary investment objective to seek exposure to the share price of the common stock of a Magnificent 7 company, subject to a limit on potential investment gains. Each Underlying YieldMax ETF employs a synthetic covered call strategy that seeks to generate income from option premiums and provide indirect exposure to a specific security's share price returns, with a cap on potential gains. |
| Prospectus | |
| Top 10 Holdings | ||
| YieldMax NVDA Option Income Strategy ETF | NVDY | 14.3800% |
| Yieldmax Amzn Option Income ETF | AMZY | 14.2900% |
| YieldMax GOOGL Option Income Strategy ETF | GOOY | 14.2400% |
| YieldMax MSFT Option Income Strategy ETF | MSFO | 14.2000% |
| YieldMax AAPL Option Income Strategy ETF | APLY | 14.1900% |
| Yieldmax Meta Option Income Strategy ETF | FBY | 14.0500% |
| Yieldmax Tsla Option Income ETF | TSLY | 12.9900% |
| Cash & Other | 1.6600% | |
| Top 10 Holdings Weight: | 100.0% |
| Number of Holdings: | 8 |
| Shares Outstanding: | 29,675,000 |
| Total Net Assets: | 427,023,300 |
| NAV: | 14.39 |
| Net Expense Ratio: | 1.12% |
| Asset Class: | Equities (Stocks) |
| Developed or Emerging: | Developed Market Funds |
| Country: | US |
| Region: | |
| Strategy: | Covered Call Strategy |
| Currency: | |
| Commodity: | |
| Sector: | Technology |
| Industry: | |
| Dividend Type: | |
| Tax Exempt State: | |
| Maturity Duration: | |
| Market Cap: | Large Cap |
| Credit Quality: | |
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| Leverage Direction/Factor: | |
| Is Currency Hedged: | No |
| US or Ex-US: | Domestic |
