# GraniteShares YieldBOOST MU ETF (MUYY): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/muyy for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: GraniteShares · Asset class: Alternatives - Strategy: Options Income · Inception: 2026-04-14 The GraniteShares YieldBOOST MU ETF (MUYY) is structured to generate weekly payouts through a put option writing strategy. This actively managed investment vehicle derives its exposure indirectly from MU-leveraged exchange-traded funds. At its core, the underlying company, Micron Technology, Inc., is a global producer of memory and storage semiconductor products, indispensable for computing, data centers, and mobile technologies worldwide. MUYY's objective is to deliver double the daily percentage movement of the MU ETF, though potential profits are inherently capped. Furthermore, regulator... ## Key Facts | Metric | Value | |---|---| | Price | $17.73 | | Expense Ratio | 1.07% | | Assets Under Management | $10.8M | | NAV | $17.64 | | Holdings Count | 0 | | Distribution Yield (TTM) | 55.62% | | Annual Distribution (TTM) | $9.86 /share | | Distribution Frequency | Weekly | | 52-Week Range | $17.09 – $26.81 | | Beta | 0.74 | ## Latest Distribution - Amount: $0.2048 /share - Ex-date: 2026-10-23 - Pay date: 2026-10-27 ## Frequently Asked Questions ### What does MUYY invest in? The GraniteShares YieldBOOST MU ETF (MUYY) is structured to generate weekly payouts through a put option writing strategy. This actively managed investment vehicle derives its exposure indirectly from MU-leveraged exchange-traded funds. At its core, the underlying company, Micron Technology, Inc., is a global producer of memory and storage semiconductor products, indispensable for computing, data centers, and mobile technologies worldwide. MUYY's objective is to deliver double the daily percentage movement of the MU ETF, though potential profits are inherently capped. Furthermore, regulatory risk constraints might necessitate adjustments to its investment approach. Investors should note that the fund offers no guarantee of success, nor does it involve direct investment in the MU ETF, potentially leaving losses unmitigated by option premiums. The underlying MU ETF itself targets twice the daily stock performance, with daily rebalancing and compounding effects significantly influencing its long-term returns. Given its singular focus on one underlying stock, MUYY's market exposure is heavily concentrated within the interactive media and services sector. ### What is the expense ratio of MUYY? GraniteShares YieldBOOST MU ETF (MUYY) charges an expense ratio of 1.07%. This is the annual fee deducted from fund assets to cover management and operations. ### What is MUYY's distribution yield? MUYY's trailing-twelve-month yield is 55.62%, 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 MUYY's covered-call strategy work? MUYY 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 MUYY? GraniteShares YieldBOOST MU ETF (MUYY) manages $10.8M 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 MUYY actively managed or an index fund? MUYY's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### Does MUYY pay a distribution? Yes, GraniteShares YieldBOOST MU ETF (MUYY) distributes distributions to shareholders. The trailing-twelve-month yield is 55.62%. 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. Full distribution history is on this page. ### How often does MUYY pay distributions? GraniteShares YieldBOOST MU ETF pays distributions Weekly. Each ex-dividend date, record date, and payment date is listed in the distribution history table on this page. ### When is MUYY's next ex-distribution date? The most recently announced ex-distribution date for MUYY was 2026-10-23. The next ex-date typically follows Weekly; once announced it appears at the top of the distribution history table on this page. ### Is MUYY's distribution sustainable? Covered-call ETFs like MUYY fund their distributions from option premium income. Sustainability depends on (1) whether option premiums stay high enough to cover the announced rate, and (2) whether NAV holds up over time. The NAV Erosion section on this page contrasts total return with price change since inception. If distributions consistently exceed total return, the fund is paying out capital rather than income. ### How much will MUYY's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.07% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does MUYY charge its expense ratio? The expense ratio is deducted in tiny daily slices from MUYY's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does MUYY cost more than a fund like VOO? MUYY is an options-income fund (current expense ratio 1.07%). Covered-call and 0DTE strategies require active option-writing, daily rebalancing, and dedicated risk management. They cost more than passive equity funds. The Cost Verdict card compares MUYY against the options-income cohort, not VOO. ### Are MUYY's distributions taxed at ordinary income or qualified-dividend rates? MUYY's option-premium distributions are typically classified as ordinary income (NOT the qualified-dividend rate), so they're taxed at your marginal federal rate plus state. For a 24% bracket investor that's roughly 2x the 15% long-term capital gains rate most dividend investors are used to. The Fee Compounding Forecast card above lets you layer in this tax drag alongside the fund fee. Consult a tax advisor. This is not tax advice. ### Are there cheaper alternatives to MUYY? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as MUYY (1.07%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/muyy - Distribution history: https://www.dividenddata.com/funds/muyy/dividend - Holdings & diversification: https://www.dividenddata.com/funds/muyy/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/muyy/expenses - Peer comparison: https://www.dividenddata.com/funds/muyy/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.