Is a promise I’ll keep you up to date with the Yieldmax fund of fund distribution announcement. Yeah it is today, If you stick to the end of this article you will know not only what they pay this month but also what to expect in the future and also I’m going to compare the difference between the April payments versus March payment.
YieldMax ETFs announced monthly distributions on Fund of Funds and Ultra ETFs. The distribution estimated per share for the month of April will be 63 cents for YMAX, 62 cents for YMAG and $1.42 cents for ULTY.
The ex-dividend date for all these funds will be on April 17th 2024 and the record date that you have to be on record books will be on April 18th 2024. Finally, the exciting day will be April 19th when you are going to receive the cash dividends.
One thing I’d like to remind you is FEES these ETFs charge. Fund of funds YMAX and YMAG charge total fees of 1.28%; while ULTY you are only paying 1.24% as of now, so it’s a little cheaper by four basis points .
If you compare what they pay this month and what they pay last month, actually there is a dividend increase because last month, for example YMAX paid only 56 cents but in April you’re getting 63 cents; YMAG paid only 59 cents compare to this month of April, you are getting 62 cents. In March, ULTY paid $1.07 Compare that to this month’s distribution of $1.42.
Before I can tell you what I’m expecting from now on, just make sure you subscribe to our newsletter because you don’t want to miss this type of updates.
My expectation from now on is that as YIELDMAX makes a profit with these ETFs, they are going to increase the dividends or at the minimum they might stay at these yield levels as they are right now which is still better than any other ETFs or funds out there.
In short, I just want to keep you up to date on the YieldMax fund of funds ETFs and ULTY ETF.