YieldMax AI Option Income Strategy ETF
AIYY
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 11755 Wilshire Blvd, Suite 2400 Los Angeles CA United States of America 90025
- IPO Date
- Nov 28, 2023
- Website
- yieldmaxetfs.com
- Similar Companies
- Business
- YieldMax AI Option Income Strategy ETF (AIYY) is an actively managed exchange-traded fund that seeks current monthly income and capped exposure to the share price of C3.ai, Inc. (AI) through a synthetic covered call strategy collateralized by cash and U.S. Treasurys; the strategy involves selling or writing call options on AI, including both standardized exchange-traded and FLEX options, while holding U.S. Treasury bills, government obligations funds, and short positions for hedging. The fund's portfolio typically includes top holdings such as various U.S. Treasury Bills (comprising over 100% of assets when combined with options positions), AI call and put options, deposits with brokers for short positions, and cash equivalents like the First American Government Obligations Fund. Launched on November 27, 2023, and issued under Tidal Trust II by YieldMax ETFs with management by Toroso Investments, LLC, AIYY operates in the U.S. equity derivative income segment targeting income-focused investors seeking high yields from AI sector volatility, with assets under management around $75 million and a gross expense ratio of 1.67%. In recent developments, YieldMax ETFs, the brand overseeing AIYY, transitioned AIYY and other single-stock option income strategy ETFs to weekly distributions starting in late 2024 as part of a broader distribution schedule overhaul to meet investor demand for more frequent payouts, staggering Group 2 ETFs (including AIYY) across weekly cycles. The fund continues high distribution rates, with recent weekly payouts such as $0.2752 per share declared on December 17, 2025 (payable December 19), and earlier 2025 announcements reflecting yields often exceeding 70-100% annualized on a distribution basis, though composed largely of return of capital (e.g., 92% in the August 29, 2025 distribution). YieldMax also launched new fund families in November 2025, such as the Performance & Distribution Target 25 ETFs, and announced strategic updates to related products like ULTY in December 2025 to enhance NAV stability, signaling ongoing portfolio expansions and product evolutions within the YieldMax ecosystem.