TappAlpha Announces First Monthly Distribution for TappAlpha SPY Growth & Daily Income ETF (TSPY)
TappAlpha SPY Growth & Daily Income ETF (TSPY)
Company Research
Source: Business Wire
SEATTLE--(BUSINESS WIRE)--TappAlpha, a fintech company aiming to make powerful investing accessible, today announced the first monthly income distribution for the TappAlpha SPY Growth & Daily Income ETF (NASDAQ: TSPY).This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241004736060/en/(Graphic: Business Wire)Distribution Amount: $0.29488 per shareDistribution Rate (as of 10/3/24): 14.2%30-day SEC Yield (as of 10/3/24): 0.57%Ex-Date - Thursday, 10/3/2024Payable Date - Friday, 10/4/2024TSPY aims to return market-like growth along with daily income by using a (0DTE) covered call strategy on fund-owned shares of SPY, a fund that tracks the S&P 500.Launched on August 15, 2024, TSPY is designed to be a consistent, long-term investment vehicle for investors who value both growth and income. TSPY is a versatile investment solution that can appeal to a broad range of investors and advisors by serving as an equity, income, or alternat
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