YieldMax MSFT Option Income Strategy ETF (MSFO)
ARCA ARCA Primary 
MSFO: Big Yield On Microsoft
The YieldMax MSFT Option Income Strategy ETF (MSFO) offers a trailing yield over 32% using options to generate monthly income without directly investing in Microsoft. MSFO employs synthetic covered call positions, buying and selling MSFT call options, and selling MSFT put options to generate income and offset costs. Incepted in August 2023, MSFO holds $105.6M in assets, with a 0.99% expense ratio, primarily in US short-term securities and MSFT options.
MSFO: Strategic Use Of Options Helps Support High Dividend Yield
YieldMax MSFT Option Income Strategy ETF offers high income through option premiums, but caps upside and exposes investors to single stock risk. MSFO's synthetic covered call strategy mimics MSFT's price action, generating income by selling out-of-the-money call options, but may underperform in strong bull markets. Despite a 29% dividend yield, MSFO's price has declined; ideal for income-focused investors and best held in tax-advantaged accounts due to tax implications.
