Morningstar Analysis Points to ‘Misleading’ Data on YieldMax ETFs
How much yield could YieldMax max if YieldMax … you know the rest.
The exchange-traded fund issuer YieldMax has attracted investors with impressive yields (sometimes cited as over 51% “distribution rates”), and gobbled up an impressive $22 billion in net inflows since 2022, according to a recent Morningstar blog post. But analyst and author of the post Jeffrey Ptak said there’s quite a bit of nuance to sift through first. “I don’t know what investors think they’re getting, though it stands to reason they expect to receive large distributions of income and gains — i.e. yield — which is not what’s been delivered for the most part,” Ptak told Advisor Upside.
Flip a COIN
The post points to an interesting data…
