GraniteShares YieldBOOST PLTR ETF
PLYY
NASDAQ Global Select- -
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 - Leveraged
- Address
- 205 Hudson Street, 7th Floor New York NY United States of America 10013
- IPO Date
- Sep 23, 2025
- Website
- graniteshares.com
- Similar Companies
- Business
- GraniteShares YieldBOOST PLTR ETF (PLYY) is an actively managed exchange-traded fund that seeks current income through options strategies, primarily by selling put options on leveraged exchange-traded funds tracking the 2x Long Palantir Technologies Inc. (NASDAQ: PLTR) Daily ETF; its secondary objective provides limited exposure to the performance of such underlying leveraged ETFs, subject to a cap on potential investment gains. The ETF targets weekly distributions and employs a put-writing strategy on these leveraged single-stock vehicles, with a total annual operating expense ratio of 1.07% and management fees of 0.99% per annum. Launched on September 23, 2025, PLYY operates within the derivative income and leveraged equity segments, serving high-conviction investors seeking enhanced yields linked to Palantir Technologies. GraniteShares YieldBOOST PLTR ETF forms part of the broader YieldBOOST lineup issued by GraniteShares, a New York City-headquartered provider of innovative ETFs and ETPs founded in 2016, with products listed on U.S., U.K., German, French, and Italian exchanges; the firm manages over $10.7 billion in assets as of December 2025 and specializes in leveraged single-stock and commodity-linked strategies. Geographically, GraniteShares focuses on global institutional and retail investors through major securities exchanges, with its U.S. operations based at 222 Broadway, 21st Floor, New York, NY 10038. The ETF does not invest directly in Palantir stock or the underlying leveraged ETF, exposing shareholders to risks including derivatives, counterparty, and NAV erosion without entitlement to underlying distributions. In September 2025, GraniteShares launched PLYY alongside the YieldBOOST MSTR ETF (MTYY) as the latest additions to its YieldBOOST options income suite, which exceeded $532 million in assets under management prior to the launches; this expansion targets income generation from put options on high-profile leveraged ETFs tied to PLTR and MicroStrategy. Subsequent developments include announcements of distribution rates as of November 13, 2025, reflecting a standardized performance of +5.66% since inception, alongside ongoing weekly payouts such as $0.96 trailing twelve months dividend yielding approximately 4%. GraniteShares continues to grow its YieldBOOST platform amid rising demand for single-stock options income strategies, with no reported acquisitions, partnerships, or reorganizations specific to PLYY in the past year.