What is REX FANG & Innovation Equity Premium Income ETF's dividend yield?▾
REX FANG & Innovation Equity Premium Income ETF (FEPI) pays a current trailing twelve-month dividend yield of 25.73%, which works out to $10.65 per share annually based on the most recent payout schedule.
When does REX FANG & Innovation Equity Premium Income ETF pay distributions?▾
The most recent ex-dividend date was July 29, 2026. The next scheduled dividend payment date is July 30, 2026.
What does REX FANG & Innovation Equity Premium Income ETF invest in?▾
The REX FANG & Innovation Equity Premium Income ETF, or FEPI, utilizes a covered call strategy designed to achieve two main goals: generating income and providing exposure to potential growth within the technology sector. The fund accomplishes this by maintaining positions in the stocks comprising its benchmark, the Solactive FANG Innovation Index, and simultaneously selling call options on these shares that are slightly out-of-the-money. This approach leverages the significant volatility often found in major technology companies, thereby earning premium income from the options. However, it...