YieldMax™ Launches the Target 12™ Semiconductor Option Income ETF (SOXY)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 02 2024
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Source: Globenewswire
Launch of SOXY ETF: YieldMax™ has introduced the YieldMax™ Target 12™ Semiconductor Option Income ETF (SOXY), which aims to provide a target annual income level of 12% through investments in semiconductor companies and by selling options contracts.
Investment Strategy: The ETF is actively managed by ZEGA Financial, focusing on capital appreciation and income generation, with distributions expected to be announced monthly starting January 2025.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
