TappAlpha S&P 500 Growth & Daily Income 

$25.20
2053
-$0.35-1.37% Tuesday 20:00

Statistics

Day High
25.42
Day Low
25.16
52W High
26.67
52W Low
22.67
Volume
241,145
Avg. Volume
244,882
Mkt Cap
0
P/E Ratio
-
Dividend Yield
14.08%
Dividend
3.55

Upcoming

Dividends

14.08%Dividend Yield
Jul 26
$0.29
Jun 26
$0.30
May 26
$0.29
Apr 26
$0.28
Mar 26
$0.30
10Y Growth
N/A
5Y Growth
N/A
3Y Growth
N/A
1Y Growth
1.6%

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About

TSPY marks the issuer's inaugural exchange-traded fund, established with the goal of democratizing access to more sophisticated investment methodologies. The fund's core strategy involves acquiring shares of the SPDR S&P 500 Index Trust (SPY) and systematically selling call options daily to generate revenue. These derivative contracts can be written against the underlying SPY shares, the broader S&P 500 index (SPX), or the Cboe Mini-SPX Index (XSP). While primarily utilizing zero-days-to-expiration (0DTE) contracts, the options' maturities may extend up to one week. The portfolio manager aims to produce daily income, which is then distributed to investors on a monthly basis. Prospective investors should be aware of the fund's significant portfolio turnover and note that all income disbursements will be taxed as ordinary income. The fund also maintains holdings in US Treasury securities to serve as collateral.
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CEO
Country
United States
ISIN
US26923N5538

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FAQ

What is TappAlpha S&P 500 Growth & Daily Income stock price today?
The current price of TSPY is $25.20 USD — it has decreased by -1.37% in the past 24 hours. Watch TappAlpha S&P 500 Growth & Daily Income stock price performance more closely on the chart.
What is TappAlpha S&P 500 Growth & Daily Income stock ticker?
Depending on the exchange, the stock ticker may vary. For instance, on exchange TappAlpha S&P 500 Growth & Daily Income stocks are traded under the ticker TSPY.
Is TappAlpha S&P 500 Growth & Daily Income stock price growing?
TSPY stock has fallen by -0.67% compared to the previous week, the month change is a -2.4% fall, over the last year TappAlpha S&P 500 Growth & Daily Income has showed a +5.4% increase.
Does TappAlpha S&P 500 Growth & Daily Income pay dividends?
Yes, TSPY dividends are paid monthly. The last dividend per share was 0.3 USD. As of today, Dividend Yield (FWD)% is 14.08%.
In which sector is TappAlpha S&P 500 Growth & Daily Income located?
TappAlpha S&P 500 Growth & Daily Income operates in the Other sector.
When did TappAlpha S&P 500 Growth & Daily Income complete a stock split?
TappAlpha S&P 500 Growth & Daily Income has not had any recent stock splits.