Positive
Seeking Alpha
15 days ago
YMAG Has Found The Sweet Spot, But It Won't Last
YieldMax Magnificent 7 Fund of Option Income ETFs has achieved a rare balance of steady NAV and distributions over the past six months. Unlike YMAX, YMAG's distributions have not trended lower, supported by recent strategy changes and strong performance in the underlying Mag 7 stocks. The fund's high, variable yield is driven by covered call premiums, volatility, and payout timing from underlying ETFs, but sustainability is uncertain.