GraniteShares YieldBOOST MSTR ETF

Frequently Asked Questions About MTYY

What does MTYY invest in?

The primary goal of this Fund is to generate current income for its investors. Its secondary objective is to provide exposure to the daily performance of MicroStrategy Inc. (MSTR) common stock. This is achieved by investing in other U.S.-regulated exchange-traded funds (ETFs) which are designed to deliver two times (200%) the daily percentage movement of MSTR shares, though there is a predetermined cap on the potential investment gains.

What is the expense ratio of MTYY?

GraniteShares YieldBOOST MSTR ETF (MTYY) charges an expense ratio of 1.07%. This is the annual fee deducted from fund assets to cover management and operations.

What is MTYY's distribution yield?

MTYY's trailing-twelve-month yield is 251.44%, calculated from the sum of distributions over the past year divided by the current price. A rate this high reflects large option-premium distributions against a NAV that has declined over the same period — part of each payout may be return of capital rather than earned income.

How does MTYY's covered-call strategy work?

MTYY sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside — when the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund.

How big is MTYY?

GraniteShares YieldBOOST MSTR ETF (MTYY) manages $1.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is MTYY actively managed or an index fund?

MTYY's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.