YieldMax TSLA Option Income Strategy ETF TSLY Strategy

The investment seeks current income; the secondary investment objective is to seek exposure to the share price of the common stock of Tesla, Inc., subject to a limit on potential investment gains. The fund will employ its investment strategy as it relates to TSLA regardless of whether there are periods of adverse market, economic, or other conditions and will not take temporary defensive positions during such periods. In seeking to achieve its investment objective, the fund will implement a “synthetic covered call” strategy using the standardized exchange-traded and FLEX options. It is non-diversified.