Kurv Yield Premium Strategy Microsoft (MSFT) ETF
MSFY
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 1 Letterman Drive San Francisco CA United States of America 94129
- IPO Date
- Oct 31, 2023
- Website
- kurvinvest.com
- Similar Companies
- Business
- Kurv Yield Premium Strategy Microsoft (MSFT) ETF (MSFY) is an actively managed exchange-traded fund that seeks current income and exposure to the share price of Microsoft Corporation common stock, subject to a limit on potential investment gains. The fund implements a synthetic covered call strategy by purchasing at-the-money call options and selling put options with matching expiration dates and strike prices ranging from 1 to 12 months; it also invests directly in MSFT shares from time to time. Income derives from covered call option premiums, dividends, and interest, distributed monthly with tax-aware features including loss harvesting for return-of-capital treatment and indefinite carryforward of portfolio losses. Kurv Investment Management, the fund's adviser headquartered in San Francisco, California, launched MSFY in October 2023 as part of its Yield Premium Strategy suite focused on single-stock income generation. The firm targets U.S. investors seeking enhanced yield from prominent technology equities, employing dynamic optimization to balance income against capital appreciation potential and offering lower beta as a defensive alternative to direct stock ownership. In November 2024, Kurv Investment Management completed the reorganization of its Yield Premium Suite ETFs, including MSFY, from NEOS ETF Trust into its proprietary Kurv ETF Trust, enhancing operational efficiency and oversight. The firm has expanded its lineup with launches such as the Kurv Technology Titans Select ETF (KQQQ) in July 2024 and announced plans for additional products in growth & income, precious metals income, and enhanced fixed income segments; it also increased annualized distribution rates on single-stock covered call ETFs through special distributions for the remainder of 2024. Kurv continues to innovate with institutional-grade, tax-efficient strategies accessible to retail investors across U.S. markets.