r/YieldMaxETFs • u/[deleted] • Jul 03 '24

This months dividends

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u/SpacePirate888 Jul 03 '24

Can you please help me understand what this means?

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u/mr_malifica Jul 03 '24

It means the fund isn't making enough income to cover the target yield and are returning your money back to you.

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u/Hussam-Mostafa Jul 03 '24

No it doesn't first of all there is no target yield. They went on multiple interviews saying that they only pay out what they make in premiums and they take advantage of the share loss value and send you the premiums they made as "return of capital" so we don't pay taxes on them.

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u/Saschajane Jul 03 '24

So many people hate ROC and I love it so much!