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Stock impact report

TappAlpha Announces Second 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 second 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/20241107337756/en/(Graphic: Business Wire)Distribution Amount: $0.27655 per shareDistribution Rate (as of 11/5/24): 12.93%30-day SEC Yield (as of 11/5/24): 0.57%Ex-Date - Wednesday, 11/6/24Payable Date - Thursday, 11/7/24Launched on August 15, 2024, TSPY seeks to generate current income while maintaining prospects for capital appreciation. The ETF integrates the S&P 500’s growth with a daily covered call strategy, helping to provide enhanced income with market participation. This innovative strategy is designed for those seeking portfolio diversification, additional income potential and effective risk management.TSPY issued its first monthly distribution on Oct Show less Read more
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