CHICAGO, MILWAUKEE and NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- YieldMax™ announced the launch today of the following Target 12™ ETF:

YieldMax™ Target 12™ Semiconductor Option Income ETF (NYSE Arca: SOXY)

SOXY Overview

SOXY 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 15-30 semiconductor companies. SOXY aims to generate a target annual income level of 12% primarily by selling options contracts on some or all of its semiconductor companies.

SOXY Equity Portfolio

SOXY seeks capital appreciation via direct investments in its portfolio of semiconductor companies. To enable SOXY to effectively implement its options strategies (see below), SOXY's Sub-Adviser, ZEGA Financial, LLC ("ZEGA”), evaluates the liquidity of a potential company's common stock and the liquidity of its options contracts. ZEGA will also evaluate such company's price level and implied volatility (i.e., a measure of how much the market believes the stock price will move in the future) and will monitor these factors when determining whether to select new companies or remove existing companies from the portfolio. Any dividend paid by its semiconductor companies will contribute to SOXY's income generation.

SOXY Options Portfolio

SOXY seeks to generate a target annual income level of 12% primarily by writing (selling) options contracts on some or all of its semiconductor companies. Depending on ZEGA's outlook, it will select one or more options strategies that it believes will best provide SOXY with current income while generally also attempting to participate in a portion of the share price increases experienced by its semiconductor companies. By strategically entering and exiting options positions, ZEGA seeks to enhance SOXY's income potential and performance.

SOXY Distribution Schedule

SOXY is the newest member of the YieldMax™ ETF family and like all YieldMax™ ETFs, SOXY aims to deliver current income to investors. SOXY's first distribution is expected to be announced on January 7, 2025, and along with the other Target 12™ ETFs, will thereafter aim to announce its distributions on the first Tuesday of every month.

Why Invest in SOXY?

• SOXY seeks to generate a target annual income level of 12%, which is not dependent on the value of its portfolio of semiconductor companies.
• SOXY seeks to participate in some of the potential share price gains experienced by its semiconductor companies.

The performance data quoted above represents past performance. Past performance does not guarantee future results. 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 and current performance may be lower or higher than the performance quoted above. Performance current to the most recent month-end can be obtained by calling (833) 378-0717.

Note: DIPS, FIAT, CRSH and YQQQ are hereinafter referred to as the "Short ETFs”.

Distributions are not guaranteed. The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs. In particular, future distributions on any ETF may differ significantly from its Distribution Rate or 30-Day SEC Yield. You are not guaranteed a distribution under the ETFs. Distributions for the ETFs (if any) are variable and may vary significantly from period to period and may be zero. Accordingly, the Distribution Rate and 30-Day SEC Yield will change over time, and such change may be significant.

Investors in the Funds will not have rights to receive dividends or other distributions with respect to the underlying reference asset(s).