YieldMax BABA Option Income Strategy ETF
BABO
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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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
- Aug 8, 2024
- Website
- yieldmaxetfs.com
- Similar Companies
- Business
- YieldMax BABA Option Income Strategy ETF (BABO) is an actively managed exchange-traded fund that seeks current monthly income and capped exposure to the share price of Alibaba Group Holding Limited (BABA) through a synthetic covered call strategy collateralized by cash and U.S. Treasurys; the fund employs both standardized exchange-traded options and FLEX options, including writing/selling call options on BABA such as BABA US 11/21/25 C140 and BABA US 10/10/25 C195, alongside holdings in short-term U.S. Treasury bills, notes, and cash equivalents. Launched on August 7, 2024 and domiciled in the United States, BABO trades on the NYSE Arca exchange and is issued by YieldMax, with Tidal Trust II as the series trust and Tidal Financial Group as the launch and structure partner. The fund targets investors seeking high yields from options premiums while limiting upside participation in BABA's price gains, operating within the derivative income segment of the ETF market. Recent distributions highlight ongoing monthly payouts, including $1.8876 per share on October 9, 2025, $0.7974 on September 11, 2025, and earlier amounts such as $0.4314 in June 2025, often comprising a mix of option income, ordinary dividends, capital gains, and return of capital; YieldMax announced these alongside distributions for other ETFs like MARO, ULTY, and MRNY in press releases dated October 8, 2025, September 10, 2025, and earlier in 2025. No major acquisitions, partnerships, funding rounds, or strategic shifts beyond routine distribution announcements have been reported since inception, though the fund maintains active management with approximately 17 holdings and an expense ratio of 1.07% as of late 2025. BABO focuses on U.S. investors with indirect exposure to BABA's consumer discretionary and e-commerce activities via derivatives, without affiliation to Alibaba.