TappAlpha Announces First Monthly Distribution for TappAlpha SPY Growth & Daily Income ETF (TSPY)
04 October 2024 - 10:00PM
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).
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the full release here:
https://www.businesswire.com/news/home/20241004736060/en/
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Distribution Amount: $0.29488 per share Distribution Rate (as of
10/3/24): 14.2% 30-day SEC Yield (as of 10/3/24): 0.57%
Ex-Date - Thursday, 10/3/2024 Payable Date - Friday,
10/4/2024
TSPY 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 alternative portfolio allocation.
TSPY is currently offered at a management fee of 0.68% and has
$4,295,443 in net assets as of 10/3/2024.
To learn more about TappAlpha and TSPY, please visit
TappAlphaFunds.com.
About TappAlpha Founded in 2023, TappAlpha is a
Seattle-based fintech company committed to making advanced
financial tools and education accessible to everyone. By making
investing simple, actionable, and transparent, TappAlpha seeks to
enable investors to unlock potential income and achieve their
financial goals. The company is built on a foundation of empathy,
trust, and transparency ensuring a customer-first approach in all
of its initiatives.
Disclosures
For prospectus, click here: TSPY Prospectus
There is no guarantee that the Fund or the companies in its
portfolio will pay or continue to pay dividends.
Investing in securities involves risk including the loss of
principal.
Distributed by Foreside Fund Services, LLC, Member FINRA.
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version on businesswire.com: https://www.businesswire.com/news/home/20241004736060/en/
For media inquiries, please contact: Gregory FCA for
TappAlpha TappAlpha@gregoryfca.com
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