What is TappAlpha SPY Growth & Daily Income ETF's dividend yield?▾
TappAlpha SPY Growth & Daily Income ETF (TSPY) pays a current trailing twelve-month dividend yield of 13.84%, which works out to $3.56 per share annually based on the most recent payout schedule.
When does TappAlpha SPY Growth & Daily Income ETF pay distributions?▾
The most recent ex-dividend date was June 30, 2026. The next scheduled dividend payment date is July 1, 2026.
What does TappAlpha SPY Growth & Daily Income ETF invest in?▾
TSPY marks the issuer's inaugural exchange-traded fund, established with the goal of democratizing access to more sophisticated investment methodologies. The fund's core strategy involves acquiring shares of the SPDR S&P 500 Index Trust (SPY) and systematically selling call options daily to generate revenue. These derivative contracts can be written against the underlying SPY shares, the broader S&P 500 index (SPX), or the Cboe Mini-SPX Index (XSP). While primarily utilizing zero-days-to-expiration (0DTE) contracts, the options' maturities may extend up to one week. The portfolio manager aims...