MSTY Dividend Historical Performance
Explore the historical performance, income generation, and unique strategy of the YieldMax MSTR Option Income Strategy ETF (MSTY).
This interactive tool provides a detailed analysis of the YieldMax MSTR Option Income Strategy ETF (MSTY)’s historical performance. So you must explore its highly variable dividend distribution patterns, check the yield-on-cost growth, and use real historical data to calculate how your investment in MSTY would have done since it started in early 2024.
MSTY Investment Calculator
Based on actual past performance and dividend payments here you can calculate how much your MSTY investment could be worth today if you had started investing at any time since it started in early 2024.
Enter your initial investment amount (minimum $100).
Select the year you began your investment in MSTY (inception Feb 2024).
Your MSTY Investment Snapshot
Input your MSTY investment details and click “Calculate” to reveal your historical performance!
💰 Initial Investment
$0
⏳ Investment Period
0 Year(s)
📈 Current Estimated Value (Today)
$0
Total Return: 0%
Note: MSTY’s distributions are highly variable and may include significant Return of Capital (ROC), which affects cost basis.
📊 Shares Purchased
🎁 Total Dividends Received
$0
MSTY ETF Dividend History Dates & Yield
Last Ex-Dividend Date
Jul 31, 2025
Payment date: Aug 01, 2025
Dividend Amount Per Share
$1.183
Monthly
Dividend Yield
152.91%
Sector Average: 1.123%
Dividend Growth
26 days
Since 2025
Analyst Consensus
—
Last 3 Months
MSTY Monthly Dividend History
| Ex-Dividend Date | Dividend ($) | Payment Date | Yield (%) |
|---|
MSTY Annual Historical Data Table
| Year | Annual Dividend | Share Price (End of Year) | Yield-on-Cost |
|---|
MSTY Performance Charts
MSTY Annual Dividend Payments
MSTY Yield-on-Cost
MSTY Monthly Dividend & Yield
Dividend Growth Comparison: MSTY vs. Peers
Top MSTY Holdings & Underlying Assets
MSTY’s portfolio is strategically constructed to generate income primarily through options strategies on MicroStrategy (MSTR) stock. Its current investments are in the U.S. Treasury instruments for stability and liquidity as well as different MSTR call options to make extra money. This structure aims to provide high distributions while keeping an eye on how volatile the underlying asset is.
| No. | Holding Name | % of Portfolio |
|---|---|---|
| 1 | Deposits with Broker for Short Positions | 29.14% |
| 2 | United States Treasury Notes 3.88% (maturing Jan 2026) | 23.20% |
| 3 | United States Treasury Bills 0% (maturing Nov 2025) | 15.28% |
| 4 | United States Treasury Notes 4.25% (maturing Oct 2025) | 12.94% |
| 5 | United States Treasury Bills 0% (maturing Aug 2026) | 11.83% |
| 6 | United States Treasury Bills 0% (maturing Jul 2026) | 11.51% |
| 7 | United States Treasury Bills 0% (maturing Feb 2026) | 10.88% |
| 8 | MSTR US 09/19/25 C390 (Call Option) | 9.20% |
| 9 | MSTR US 10/17/25 C410 (Call Option) | 3.80% |
| 10 | MSTR US 09/19/25 C385 (Call Option) | 1.28% |
| 11 | MSTR US 09/19/25 C395 (Call Option) | 0.56% |
| 12 | MSTR US 10/17/25 C375 (Call Option) | 0.26% |
| 13 | United States Treasury Bills 0% (maturing Nov 2025) | 0.05% |
*Holdings as of August 2025: This list gives you a detailed breakdown of MSTY’s current portfolio and emphasises its focus on U.S. Treasury instruments for stability and MSTR call options for making money. The YieldMax ETFs website is always the best place to learn about the most recent official holdings.
MSTY vs. Peers (JEPQ, QYLD)
| Feature | MSTY | JEPQ | QYLD |
|---|---|---|---|
| Strategy | Fund of Funds (MSTR Option Income) | Equity Income via ELNs and Options (Nasdaq 100 stocks) | Covered calls on Nasdaq 100 Index |
| Underlying Exposure | MicroStrategy (MSTR) | Nasdaq 100 Constituents | Nasdaq 100 Index |
| Expense Ratio | 0.99% | 0.35% | 0.60% |
| Upside Potential | Limited/Capped | Moderate | Limited |
| Yield Range | Variable, often >50% (recent annual near 121%) | ~8–12% | ~10–14% |
| Distribution Frequency | Monthly | Monthly | Monthly |
| Return of Capital (ROC) | Frequent/Significant | Possible/Less frequent | Frequent |
| Management Style | Active (Fund of Funds) | Active | Passive |
Understanding MSTY’s Strategy
The **YieldMax MSTR Option Income Strategy ETF (MSTY)** is an actively managed fund that makes money by selling covered call options on MicroStrategy (MSTR) stock. Below is its structure and plan which include:
- Underlying Asset Exposure: MSTY only buys MicroStrategy (MSTR) stock and aims to generate income from the stock’s price swings. MicroStrategy is known for having a lot of Bitcoin. Because of this, MSTY is indirectly connected to both the tech stock volatility and cryptocurrency sentiment.
- Covered Call Options: The fund generates income by selling (writing) covered call options on MSTR shares. This means that in exchange for a premium, the fund gives someone else the right to buy MSTR at a set price by a set date. This boosts income but limits possible gains if MSTR’s stock price rises sharply.
- Fund of Funds Structure: MSTY is part of the YieldMax ecosystem but it is not a traditional “fund of funds” because it only holds MSTR and not multiple ETFs or stocks. But it could be part of bigger multi-strategy YieldMax products for investors who want a variety of high-income options.
This approach aims to deliver high income especially for investors who want to get cash flow every month from a single security with high option premiums and volatility such as MicroStrategy.
Key Insights from MSTY’s History
Ultra-High Monthly Income Potential
MSTY is explicitly designed for investors prioritizing an extremely high monthly income stream, generated from the volatile options premiums of MicroStrategy stock. This makes it suitable for income-focused investors willing to accept higher risk for yield.
Single Stock Focus (MSTR)
Unlike broad market-covered call ETFs, MSTY’s strategy is tightly linked to MicroStrategy (MSTR) performance and volatility. This offers concentrated exposure and potentially higher income if MSTR remains volatile, but also higher single-stock risk.
Capital Appreciation Constraints
Due to its covered call strategy, MSTY’s potential for capital appreciation is typically capped. Investors should expect significant income but limited participation in large upward movements of MSTR stock. This is a key trade-off for the high yield.
Frequent Return of Capital (ROC)
Many YieldMax ETFs, including MSTY, frequently distribute Return of Capital (ROC). While not immediately taxable, ROC reduces your cost basis, potentially leading to higher capital gains taxes when shares are sold. It’s crucial to understand this tax implication.
MSTY Tax Considerations
Because MSTY’s distributions are so complicated so it is important to know how they will affect your taxes.
Distribution Classification
For U.S. tax purposes MSTY’s monthly payments can be grouped in the following ways:
- Ordinary Dividends: Taxed as regular income at the person’s tax rate.
- Short-term Capital Gains: Options premiums fall into this category and are taxed at the same rate as regular income.
- Return of Capital (ROC): This lowers the cost basis in the ETF shares but it is not immediately taxable. If your cost basis is zero then any extra ROC is taxed as capital gains when shares are sold or the basis is depleted.
Account Placement Considerations
Investors should know that MSTY distributions may have a large ROC part:
Tax-Advantaged Accounts
IRAs, 401(k)s: It protect you from all distributions such as ROC from immediate tax. This makes it easier to file taxes and puts them off.
Taxable Accounts
Investors need to keep a close eye on their cost basis because ROC reduces it which can mean bigger capital gains when they sell. So you must maintain its detailed records is important for reporting your taxes correctly.
Note: Tax laws can change and the effects may be different for each person. For personalised advice, you can talk to a qualified tax advisor.