MSFO – YieldMax MSFT Option Income Strategy ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks current income; exposure to the share price of the common stock of Microsoft Corporation, subject to a limit on potential investment gains is the secondary consideration. The fund advisor will employ its investment strategy as it relates to MSFT regardless of whether there are periods of adverse market, economic, or other conditions and will not seek temporary defensive positions during such periods. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MSFO	YieldMax MSFT Option Income Strategy ETF	ETF	Open			Aug 24, 2023	$86.52M	0.990%	—	—	−$58.88M

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