YieldMax MSFT Option Income Strategy ETF MSFO
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Expense ratio
- 1.03%
- Net assets
- $113.7M
- Holdings
- 22
- 12-month distribution yield
- 9.18%
- Asset class
- Fixed income
YieldMax MSFT Option Income Strategy ETF (MSFO) is an exchange-traded fund listed on NYSE Arca in the United States, issued by YieldMax. Its category is Fixed income · US (fixed income). Its last price was US$12.53 on 20 Oct 2026. Its expense ratio is 1.03% a year, from its prospectus dated 2 Mar 2026. It reported net assets of US$113.74 million as of 31 Jul 2026. Its latest holdings report lists 22 holdings as of 31 Jul 2026. Over the last 12 months it paid distributions of US$1.15 a unit, a 12-month distribution yield of 9.18%, paid monthly.
Fees
- Total annual operating expenses (gross)
- 1.03%
- Net, after fee waivers or reimbursements
- No waiver stated
- Management fee
- 0.99%
- Prospectus date
- 2 Mar 2026
- Filed with the SEC
- 24 Feb 2026
Size and reporting
- Net assets
- $113,739,686
- Total assets
- $136,882,278
- Holdings as of
- 31 Jul 2026
- Report made public
- 28 Sep 2026 (59 days after the month end)
Top holdings
Largest 22 of 22 positions, as of 31 Jul 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | TREASURY BILL United States Treasury Bill | US912797RG48 | 26.27% | $29.9M | Debt | United States | USD |
| 2 | TREASURY BILL United States Treasury Bill | US912797TV96 | 21.52% | $24.5M | Debt | United States | USD |
| 3 | TREASURY BILL United States Treasury Bill | US912797VG91 | 16.04% | $18.2M | Debt | United States | USD |
| 4 | MSFT 09/18/2026 400.01 C | No identifier reported | 15.33% | $17.4M | Equity derivatives | United States | USD |
| 5 | TREASURY BILL United States Treasury Bill | US912797RS85 | 12.50% | $14.2M | Debt | United States | USD |
| 6 | TREASURY BILL United States Treasury Bill | US912797UK13 | 10.26% | $11.7M | Debt | United States | USD |
| 7 | MSFT US 07/31/26 C390 | No identifier reported | -9.30% | -$10.6M | Equity derivatives | United States | USD |
| 8 | MSFT US 07/31/26 C402.5 | No identifier reported | 7.76% | $8.8M | Equity derivatives | United States | USD |
| 9 | MSFT US 07/31/26 C392.5 | No identifier reported | -4.13% | -$4.7M | Equity derivatives | United States | USD |
| 10 | Microsoft Corp | No identifier reported | 3.28% | $3.7M | Equity derivatives | United States | USD |
| 11 | MSFT US 07/31/26 C397.5 | No identifier reported | -2.63% | -$3.0M | Equity derivatives | United States | USD |
| 12 | MSFT US 07/31/26 C410 | No identifier reported | 2.17% | $2.5M | Equity derivatives | United States | USD |
| 13 | First American Government Obli First American Government Obligations Fund | US31846V3362 | 2.13% | $2.4M | Short-term investment vehicles (cash funds) | United States | USD |
| 14 | MSFT US 08/07/26 C452.5 | No identifier reported | -1.17% | -$1.3M | Equity derivatives | United States | USD |
| 15 | MSFT US 08/07/26 C455 | No identifier reported | -0.77% | -$879K | Equity derivatives | United States | USD |
| 16 | MSFT 09/18/2026 400.01 P | No identifier reported | -0.68% | -$772K | Equity derivatives | United States | USD |
| 17 | MSFT US 08/07/26 C457.5 | No identifier reported | -0.68% | -$768K | Equity derivatives | United States | USD |
| 18 | MSFT US 08/07/26 C465 | No identifier reported | 0.47% | $540K | Equity derivatives | United States | USD |
| 19 | Microsoft Corp | US5949181045 | -0.41% | -$465K | Equity (common) | United States | USD |
| 20 | MSFT US 08/07/26 C467.5 | No identifier reported | 0.38% | $431K | Equity derivatives | United States | USD |
| 21 | MSFT US 08/07/26 C470 | No identifier reported | 0.32% | $368K | Equity derivatives | United States | USD |
| 22 | MSFT US 08/07/26 C462.5 | No identifier reported | 0.13% | $147K | Equity derivatives | United States | USD |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Asset type
| Type | Weight | Bar |
|---|---|---|
| Debt | 86.58% | |
| Equity derivatives | 10.49% | |
| Short-term investment vehicles (cash funds) | 2.13% | |
| Equity (common) | -0.41% |
Country
| Country | Weight | Bar |
|---|---|---|
| United States | 98.79% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| US dollar (USD) | 98.79% |
Sector
| Sector | Weight | Bar |
|---|---|---|
| Technology | -0.41% |
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $1.1500
- 12-month yield
- 9.18%
- Frequency
- Monthly
- Latest ex-date
- 15 Oct 2026
12-month yield = distributions per unit with an ex-date in the last 12 months ($1.1500) ÷ latest price ($12.53) × 100 = 9.18%. It looks back, so it is not a forecast; special distributions in the window are included.
Why a distribution yield is not the fund's return: yield vs total return
Distribution history table (38 payments)
| Ex-date | Amount per unit |
|---|---|
| 15 Oct 2026 | $0.0750 |
| 2 Jan 2026 | $0.0620 |
| 26 Dec 2025 | $0.0610 |
| 18 Dec 2025 | $0.0670 |
| 11 Dec 2025 | $0.0780 |
| 4 Dec 2025 | $0.1730 |
| 28 Nov 2025 | $0.0790 |
| 20 Nov 2025 | $0.1650 |
| 13 Nov 2025 | $0.1010 |
| 6 Nov 2025 | $0.0990 |
| 30 Oct 2025 | $0.1160 |
| 23 Oct 2025 | $0.0740 |
| 16 Oct 2025 | $0.2720 |
| 18 Sep 2025 | $0.3160 |
| 21 Aug 2025 | $0.3180 |
| 24 Jul 2025 | $0.4140 |
| 26 Jun 2025 | $0.4850 |
| 29 May 2025 | $0.5500 |
| 1 May 2025 | $0.5260 |
| 3 Apr 2025 | $0.3340 |
| 6 Mar 2025 | $0.2850 |
| 6 Feb 2025 | $0.3620 |
| 8 Jan 2025 | $0.3670 |
| 12 Dec 2024 | $0.4130 |
| 14 Nov 2024 | $0.5100 |
| 17 Oct 2024 | $0.5080 |
| 6 Sep 2024 | $0.4330 |
| 7 Aug 2024 | $0.4050 |
| 5 Jul 2024 | $0.3850 |
| 6 Jun 2024 | $0.4800 |
| 6 May 2024 | $0.5730 |
| 4 Apr 2024 | $0.7300 |
| 6 Mar 2024 | $0.7610 |
| 7 Feb 2024 | $0.6840 |
| 5 Jan 2024 | $0.5110 |
| 7 Dec 2023 | $0.7820 |
| 8 Nov 2023 | $0.3770 |
| 6 Oct 2023 | $0.2800 |
Filings and sources
- Form N-PORT report for July 2026 (opens in a new tab)
- Prospectus filing with the fee table (opens in a new tab)
- All SEC filings for this fund series (S000081461) (opens in a new tab)
- Nasdaq Trader symbol directory (opens in a new tab)
- Yahoo Finance quote and distributions (opens in a new tab)
- How the ETF figures are collected
Compare with
Largest funds in the same category:
- MSFO and BND Vanguard Total Bond Market ETF
- MSFO and AGG iShares Core U.S. Aggregate Bond ETF
- MSFO and VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares
- MSFO and BSV Vanguard Short-Term Bond ETF