MSFY

Kurv Yield Premium Strategy Microsoft (MSFT) ETF

$26.00
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Kurv Yield Premium Strategy Microsoft (MSFT) ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Kurv Yield Premium Strategy Microsoft (MSFT) Index.

Overview

ETF tracking Kurv Yield Premium Strategy Microsoft (MSFT) ETF

Category Small Cap
Issuer Other
Inception Date 2024-11-18
Market Cap $5.7M
Average Volume N/A
Dividend Yield 13.27%
52-Week Range $20.96 - $28.25
VWAP $25.88

Performance

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Investment Summary

📎 Investment Objective

The Kurv Yield Premium Strategy Microsoft (MSFT) ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Kurv Yield Premium Strategy Microsoft (MSFT) Index.

🎯 Investment Strategy

The ETF employs a passive management (or indexing) approach, investing in a portfolio of securities that generally replicates the composition of the underlying index. The index is designed to provide exposure to Microsoft Corporation (MSFT) stock while potentially generating additional yield through an options-based strategy.

✨ Key Features

  • Provides exposure to Microsoft Corporation (MSFT) stock
  • Utilizes an options-based strategy to potentially generate additional yield
  • Passively managed to track the Kurv Yield Premium Strategy Microsoft (MSFT) Index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a single stock (Microsoft)
  • Potential for underperformance compared to the underlying stock due to the options strategy
  • Liquidity risk due to the small asset size and limited trading volume
  • Market risk as the value of the fund's shares will fluctuate with changes in the market value of Microsoft's stock

👤 Best For

This ETF may be suitable for investors seeking exposure to Microsoft Corporation with the potential for additional yield generation, and who have a higher risk tolerance and longer investment horizon to weather the fund's concentration and liquidity risks.