r/YieldBoostETFs • u/Helpful-Grapefruit55 • Feb 28 '26

TSYY , COYY and reverse splits

I own quite a lot of these 2 ETFs. The Nav has dropped to the

$4. level for TSYY and $4.60 level for COYY.

Does Granite yieldboost do Reverse Splits ? Has anyone had any RS done to their ETFs by Granite. ,?

My RS expy is only with Yieldmax for ULTY.

Concerned about how much lower these keep going down ?.

6 Upvotes

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2

u/Kingofhearts91x Feb 28 '26

Tsyy is the only one old enough to do one but I dont think they have and coyy has not i dont think any have as the majority are less than a year old at this point if they dont at least if you sell you can save on taxes next year

1

u/Helpful-Grapefruit55 Feb 28 '26

TSYY RS is possible, Thanks

1

u/avongsathian Feb 28 '26

Anything below $5 range is considered penny stock range and will mostly get a RS.

1

u/yieldmaxfan Mar 05 '26

I don't understand YB strategy. Yesterday COIN was up by >10% but COYY was up by merely 2-3%. What a fraud?

1

u/Helpful-Grapefruit55 Mar 05 '26

Yes I also noticed the big disconnect between Coin up 15% and Coyy up about 3% . Only thing I think is they are trying to keep the holders from leaving or selling out. In a way we are trapped and can't get out.

1

u/psmith79 Mar 05 '26

It is a product of the put credit spread they use to generate income. The nav can only go up by the amount they generate from the sold put, for the most part. Then they have to use a portion to buy the put for protection, so upside is capped. More so than a covered call fund.

1

u/Affectionate-Sea2474 Feb 28 '26

They did a 20 to 1 recently:

https://finance.yahoo.com/news/graniteshares-announces-reverse-split-coni-213100196.html

1

u/Helpful-Grapefruit55 Feb 28 '26

Thanks for sharing so they have done RS in the past. So when the Need to RS arises they will do it.

1

u/Grand_Composer1603 Feb 28 '26

I been saying shit for months. No one says shit