BetaShares Australian Top 20 Equity Yield Maximiser Fund (YMAX)
CXA 
Summary
YMAX: Weekly Dividend Income Yielding Over 50% Annually Comes At A Cost
YMAX offers exceptionally high yields, but these are largely offset by significant share price declines and NAV erosion due to its synthetic options strategy. The fund's distributions are mostly return of capital, raising concerns about sustainability and long-term value for income-focused investors. While YMAX has outperformed SPY in total return over the past year, I prefer more stable alternatives like QQQI for income investing.
This Ultra-High Yield ETF (YMAX) Is the Best Performer and Paying a 72.34% Distribution
Investors can diversify across many ultra-high-yield funds with the YieldMax Universe Fund of Option Income ETFs (YMAX).
YMAX: An Efficient Weekly Income Machine
YieldMax Universe Fund of Option Income ETFs offers a high-yielding option with weekly payouts, attracting income-seeking investors despite market volatility. YMAX's distribution rate exceeds 65%, though it varies weekly based on market conditions and the fund's option strategy performance. Despite a 33% price drop since inception, the Fund's total return, including dividends, is nearly 21.5%, emphasizing its income-generating potential over capital appreciation.
BetaShares Australian Top 20 Equity Yield Maximiser Fund Dividends
| YMAX 1 week ago Paid | Other | $0.21 Per Share |
| YMAX 2 weeks ago Paid | Other | $0.19 Per Share |
| YMAX 3 weeks ago Paid | Other | $0.19 Per Share |
| YMAX 4 weeks ago Paid | Other | $0.17 Per Share |
| YMAX 1 month ago Paid | Other | $0.17 Per Share |
BetaShares Australian Top 20 Equity Yield Maximiser Fund Earnings
| YMAX 1 week ago Paid | Other | $0.21 Per Share |
| YMAX 2 weeks ago Paid | Other | $0.19 Per Share |
| YMAX 3 weeks ago Paid | Other | $0.19 Per Share |
| YMAX 4 weeks ago Paid | Other | $0.17 Per Share |
| YMAX 1 month ago Paid | Other | $0.17 Per Share |
BetaShares Australian Top 20 Equity Yield Maximiser Fund (YMAX) FAQ
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has BetaShares Australian Top 20 Equity Yield Maximiser Fund ever had a stock split?
BetaShares Australian Top 20 Equity Yield Maximiser Fund Profile
| CXA Exchange | US Country |
Overview
The fund operates as a âfund of funds,â which is a distinctive investment strategy primarily focused on investing in a collection of other Exchange-Traded Funds (ETFs) rather than directly in the stocks of individual corporations. This approach allows the fund to leverage the performance and strategies of various underlying funds, providing investors with a diversified investment option. Occasionally, the fund may also directly invest in the securities and financial instruments that one or more of the Underlying YieldMax⢠ETFs are invested in, though it typically remains focused on ETF investments. Importantly, the fund is classified as non-diversified, implying that it may commit a larger portion of its assets into single or a limited number of investments, potentially increasing the risk and return profile compared to more diversified alternatives.
Products and Services
- ETF Portfolios:
The primary service offered by the fund is the management of portfolios comprised of a diverse range of ETFs. By investing in multiple ETFs, the fund aims to provide investors with a balanced and diversified portfolio, mitigating the risks associated with investing in individual securities.
- Direct Investments:
In addition to its ETF-focused investment strategy, the fund occasionally makes direct investments in securities and financial instruments. These investments are typically made in assets in which the Underlying YieldMax⢠ETFs invest, allowing the fund to potentially enhance its returns by directly engaging in opportunities identified through its ETF investments.
Contact Information
