GraniteShares YieldBoost RGTI ETF

Frequently Asked Questions About RGYY

What does RGYY invest in?

This Fund primarily aims to generate income at twice (200%) the rate one would achieve by selling options directly on shares of Rigetti Computing, Inc. (RGTI). It accomplishes this by selling options on an advanced, leveraged Exchange-Traded Fund (ETF) that itself is engineered to deliver 200% of RGTI's daily price movements. A secondary goal of the Fund is to benefit from the performance of this leveraged ETF, though any potential gains from this exposure are subject to a predetermined maximum limit. The Fund also has the flexibility to implement strategies to protect against downturns, which could, in turn, impact its net income levels.

What is the expense ratio of RGYY?

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

What is RGYY's distribution yield?

RGYY's trailing-twelve-month yield is 173.54%, 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 RGYY's covered-call strategy work?

RGYY 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 RGYY?

GraniteShares YieldBoost RGTI ETF (RGYY) manages $2.6M 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 RGYY actively managed or an index fund?

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