CHICAGO, MILWAUKEE and NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) — YieldMax™ announced the launch today of the following Target 12™ ETF:
YieldMax™ Target 12™ Semiconductor Option Income ETF (NYSE Arca: SOXY)
SOXY Overview
SOXY is an actively managed ETF that seeks a target annual income level of 12% and capital appreciation via direct investments in a select portfolio of 15-30 semiconductor companies. SOXY aims to generate a target annual income level of 12% primarily by selling options contracts on some or all of its semiconductor companies.
SOXY Equity Portfolio
SOXY seeks capital appreciation via direct investments in its portfolio of semiconductor companies. To enable SOXY to effectively implement its options strategies (see below), SOXY’s Sub-Adviser, ZEGA Financial, LLC (“ZEGA”), evaluates the liquidity of a potential…
