SNOY – YieldMax SNOW Option Income Strategy ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks current income; the secondary investment objective being exposure to the share price of the common stock of Snowflake Inc., subject to a limit on potential investment gains. The fund uses a synthetic covered call strategy to provide income and indirect exposure to the share price returns of SNOW, subject to a limit on potential investment gains as a result of the nature of the options strategy it employs. 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
SNOY	YieldMax SNOW Option Income Strategy ETF	ETF	Open	—		Jun 10, 2024	$66.23M	0.990%	—	—	−$25.38M

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