Funds / MSST

MSST YieldMax MSTR Performance & Distribution Target 25 ETF

YieldMax ETFs · pays weekly · 0.99% expense ratio

Latest payout

$0.1527

paid Sep 23, 2026

Return of capital

98%

Sep 23 payout · estimated (19a-1)

Next ex-date

Oct 6, 2026

pays ~Oct 7 · projected dates

Distribution rate

25.00%

issuer’s annualized rate, Sep 21, 2026

Payouts per share

$0 $0.125 $0.25Apr 8, 2026: $0.1514 · 95% return of capital (estimated, 19a-1) A2026Apr 15, 2026: $0.1613 · 82% return of capital (estimated, 19a-1) Apr 22, 2026: $0.1985 · 93% return of capital (estimated, 19a-1) Apr 29, 2026: $0.2026 · 95% return of capital (estimated, 19a-1) May 6, 2026: $0.1989 · 97% return of capital (estimated, 19a-1) MMay 13, 2026: $0.2049 · 0% return of capital (estimated, 19a-1) May 20, 2026: $0.2002 · 80% return of capital (estimated, 19a-1) May 28, 2026: $0.1819 · 95% return of capital (estimated, 19a-1) Jun 3, 2026: $0.1725 · 0% return of capital (estimated, 19a-1) JJun 10, 2026: $0.1474 · 37% return of capital (estimated, 19a-1) Jun 17, 2026: $0.1358 · 0% return of capital (estimated, 19a-1) Jun 24, 2026: $0.1274 · 90% return of capital (estimated, 19a-1) Jul 1, 2026: $0.0937 · 0% return of capital (estimated, 19a-1) JJul 8, 2026: $0.1126 · 0% return of capital (estimated, 19a-1) Jul 15, 2026: $0.1068 · 29% return of capital (estimated, 19a-1) Jul 22, 2026: $0.1082 · 85% return of capital (estimated, 19a-1) Jul 29, 2026: $0.1047 · 0% return of capital (estimated, 19a-1) Aug 5, 2026: $0.1061 · 87% return of capital (estimated, 19a-1) AAug 12, 2026: $0.1124 · 0% return of capital (estimated, 19a-1) Aug 19, 2026: $0.1061 · 88% return of capital (estimated, 19a-1) Sep 2, 2026: $0.1338 · 95% return of capital (estimated, 19a-1) SSep 10, 2026: $0.1464 · 93% return of capital (estimated, 19a-1) Sep 16, 2026: $0.1345 · 0% return of capital (estimated, 19a-1) Sep 23, 2026: $0.1527 · 98% return of capital (estimated, 19a-1) $0 $0.10 $0.20Jul 1, 2026: $0.0937 · 0% return of capital (estimated, 19a-1) J2026Jul 8, 2026: $0.1126 · 0% return of capital (estimated, 19a-1) Jul 15, 2026: $0.1068 · 29% return of capital (estimated, 19a-1) Jul 22, 2026: $0.1082 · 85% return of capital (estimated, 19a-1) Jul 29, 2026: $0.1047 · 0% return of capital (estimated, 19a-1) Aug 5, 2026: $0.1061 · 87% return of capital (estimated, 19a-1) AAug 12, 2026: $0.1124 · 0% return of capital (estimated, 19a-1) Aug 19, 2026: $0.1061 · 88% return of capital (estimated, 19a-1) Sep 2, 2026: $0.1338 · 95% return of capital (estimated, 19a-1) SSep 10, 2026: $0.1464 · 93% return of capital (estimated, 19a-1) Sep 16, 2026: $0.1345 · 0% return of capital (estimated, 19a-1) Sep 23, 2026: $0.1527 · 98% return of capital (estimated, 19a-1)
  • Income (the berries)
  • Return of capital (a cutting from the bush)
  • Return of capital, estimated

What the past year did to your cost basis

Holding 100 shares of MSST through the last 39 payouts, you’d have collected $644.32. About $409.61 of it (64%) was return of capital: not taxed when paid, but it came off your cost basis, which raises the gain when you sell.

Uses the issuer’s final Form 8937 figures where filed and 19a-1 estimates otherwise. Gooseberry does this per lot, with your real purchase dates.

Upcoming dates

Ex-datePay datePer shareStatus
Oct 6, 2026Oct 7, 2026—Projected
Oct 13, 2026Oct 14, 2026—Projected
Oct 20, 2026Oct 21, 2026—Projected
Oct 27, 2026Oct 28, 2026—Projected
Nov 3, 2026Nov 4, 2026—Projected
Nov 10, 2026Nov 11, 2026—Projected
Nov 17, 2026Nov 18, 2026—Projected
Nov 24, 2026Nov 25, 2026—Projected
Dec 1, 2026Dec 2, 2026—Projected
Dec 8, 2026Dec 9, 2026—Projected
Dec 15, 2026Dec 16, 2026—Projected
Dec 22, 2026Dec 23, 2026—Projected

To be paid, you need to own shares before the ex-date. “Projected” dates are estimated from the fund’s usual schedule until the issuer announces them.

Payout history

PaidEx-datePer shareReturn of capitalSource
Sep 23, 2026 Sep 22, 2026 $0.1527 98% estimated (19a-1) 19a-1
Sep 16, 2026 Sep 15, 2026 $0.1345 0% estimated (19a-1) 19a-1
Sep 10, 2026 Sep 9, 2026 $0.1464 93% estimated (19a-1) 19a-1
Sep 2, 2026 Sep 1, 2026 $0.1338 95% estimated (19a-1) 19a-1
Aug 19, 2026 Aug 18, 2026 $0.1061 88% estimated (19a-1) 19a-1
Aug 12, 2026 Aug 11, 2026 $0.1124 0% estimated (19a-1) 19a-1
Aug 5, 2026 Aug 4, 2026 $0.1061 87% estimated (19a-1) 19a-1
Jul 29, 2026 Jul 28, 2026 $0.1047 0% estimated (19a-1) 19a-1
Jul 22, 2026 Jul 21, 2026 $0.1082 85% estimated (19a-1) 19a-1
Jul 15, 2026 Jul 14, 2026 $0.1068 29% estimated (19a-1) 19a-1
Jul 8, 2026 Jul 7, 2026 $0.1126 0% estimated (19a-1) 19a-1
Jul 1, 2026 Jun 30, 2026 $0.0937 0% estimated (19a-1) 19a-1
Jun 24, 2026 Jun 23, 2026 $0.1274 90% estimated (19a-1) 19a-1
Jun 17, 2026 Jun 16, 2026 $0.1358 0% estimated (19a-1) 19a-1
Jun 10, 2026 Jun 9, 2026 $0.1474 37% estimated (19a-1) 19a-1
Jun 3, 2026 Jun 2, 2026 $0.1725 0% estimated (19a-1) 19a-1
May 28, 2026 May 27, 2026 $0.1819 95% estimated (19a-1) 19a-1
May 20, 2026 May 19, 2026 $0.2002 80% estimated (19a-1) 19a-1
May 13, 2026 May 12, 2026 $0.2049 0% estimated (19a-1) 19a-1
May 6, 2026 May 5, 2026 $0.1989 97% estimated (19a-1) 19a-1
Apr 29, 2026 Apr 28, 2026 $0.2026 95% estimated (19a-1) 19a-1
Apr 22, 2026 Apr 21, 2026 $0.1985 93% estimated (19a-1) 19a-1
Apr 15, 2026 Apr 14, 2026 $0.1613 82% estimated (19a-1) 19a-1
Apr 8, 2026 Apr 7, 2026 $0.1514 95% estimated (19a-1) 19a-1
Show 15 earlier payouts
Mar 18, 2026 Mar 17, 2026 $0.1763 94% estimated (19a-1) 19a-1
Mar 11, 2026 Mar 10, 2026 $0.1682 86% estimated (19a-1) 19a-1
Feb 25, 2026 Feb 24, 2026 $0.1662 93% estimated (19a-1) 19a-1
Feb 19, 2026 Feb 18, 2026 $0.1693 91% estimated (19a-1) 19a-1
Feb 11, 2026 Feb 10, 2026 $0.1717 89% estimated (19a-1) 19a-1
Feb 4, 2026 Feb 3, 2026 $0.1901 88% estimated (19a-1) 19a-1
Jan 28, 2026 Jan 27, 2026 $0.2061 94% estimated (19a-1) 19a-1
Jan 22, 2026 Jan 21, 2026 $0.2157 0% estimated (19a-1) 19a-1
Jan 14, 2026 Jan 13, 2026 $0.1987 0% estimated (19a-1) 19a-1
Jan 7, 2026 Jan 6, 2026 $0.1988 89% estimated (19a-1) 19a-1
Dec 31, 2025 Dec 30, 2025 $0.2013 90% estimated (19a-1) 19a-1
Dec 24, 2025 Dec 23, 2025 $0.2080 0% estimated (19a-1) 19a-1
Dec 17, 2025 Dec 16, 2025 $0.2227 98% estimated (19a-1) 19a-1
Dec 10, 2025 Dec 9, 2025 $0.2262 98% estimated (19a-1) 19a-1
Dec 3, 2025 Dec 2, 2025 $0.2231 41% estimated (19a-1) 19a-1

Fund facts

Issuer
YieldMax ETFs
Exchange
Cboe
Pays
Weekly
Inception
Nov 17, 2025
Expense ratio
0.99%
Net assets
$5M
Price
$31.29 · Sep 29, 2026
CUSIP
88636V751

Issuer documents

Latest 19a-1 notices

Data from YieldMax ETFs’s public disclosures, updated Sep 30, 2026, 12:43 PM ET. Not investment or tax advice.