SAN FRANCISCO--(BUSINESS WIRE)--Kurv Investment Management, a provider of single-stock covered call ETFs, is pleased to announce special distributions resulting in an increase of the 2024 annualized distribution rates for select Yield Premium ETFs: Yield Premium Strategy Google ETF (GOOP), Yield Premium Strategy Amazon ETF (AMZP), Yield Premium Strategy Microsoft ETF (MSFY), and Yield Premium Strategy Netflix ETF (NFLP).
These special distributions will occur each month for the rest of 2024. The declaration date for the increased distribution is on Tuesday, August 20, 2024, and will be announced to Kurv’s subscription list as well as on X (@kurvinvest) and LinkedIn (linkedin.com/company/kurvinvest).
These special distributions are a reflection of our investment strategy balancing our goals of price appreciation with compelling monthly income generation. These special payouts underscore our dedication to maximizing returns for our investors while guarding against NAV erosion.
"We are thrilled the increased distribution will benefit our investors who believe in our approach to generate sustainable and tax-aware income. We remain committed to delivering exceptional investment results without falling into short-term whims of the market," said Howard Chan, founder and chief executive officer of Kurv Investment Management.
About Kurv Investment Management
Kurv Investment Management is a tax-aware, option-based investment manager founded by a team of highly experienced professionals from industry-leading firms. Kurv Investment Management removes costly and complicated barriers to entry and streamlines management and reporting to serve its mission to democratize access to high-caliber portfolio tools and investment options previously reserved for only the largest institutional investors.
Investors should carefully consider the investment objectives, risks, charges and expenses of Exchange Traded Funds (ETFs) before investing. To obtain an ETF's prospectus or summary prospectus containing this and other important information, please call (833) 955-5878 or view kurvinvest.com. Please read the prospectus or summary prospectus carefully before you invest.
Investing in the fund involves a high degree of risk. Principal loss is possible.
Kurv ETF Risks: An investment in the Fund involves risk, including the possible loss of principal. The Fund is non-diversified and includes risks associated with the Fund concentrating its investments in a particular security, industry, sector, or geographic region which can result in increased volatility. The Fund's investments in derivatives such as futures contracts and swaps may pose risks in addition to, and greater than, those associated with directly investing in securities or other investments, including imperfect correlations with underlying investments or the Fund's other portfolio holdings, higher price volatility, lack of availability. As a result, the value of an investment in the Fund may change quickly and without warning.
Distributor: Foreside Fund Services, LLC.
