Roundhill Investments, a prominent ETF sponsor specializing in innovative financial products, has announced distributions for its two ETFs: XDTE and QDTE.
The Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) will distribute 0.60% per share, which translates to $0.311931. The Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE) will distribute 0.77% per share, totaling $0.329389. Both distributions will have an ex-date of September 5, 2024, and a pay date of September 6, 2024.
It’s important to note that the 30-Day SEC Yield for XDTE and QDTE as of July 31, 2024, is -0.52% and -0.46%, respectively. The Gross Expense Ratio for both XDTE and QDTE stands at 0.95%.
Roundhill Investments, established in 2018, is an SEC-registered investment advisor dedicated to developing innovative exchange-traded funds. Their diverse portfolio of ETFs covers thematic equity, options income, and trading instruments. With extensive experience, the Roundhill team has launched over 100 ETFs, including several groundbreaking products.
The funds anticipate weekly distributions, but there’s no guarantee. The distribution amount may surpass the fund’s income and gains for the taxable year. If the distributions exceed the current and accumulated earnings and profits, they will be classified as a return of capital. It’s worth noting that unusually favorable market conditions may lead to unsustainable distribution rates, and such conditions may not persist. There’s no assurance that this performance will be replicated in the future.
As of the most recent distributions, the distribution composition is estimated to be 100% return of capital. You can find more detailed information in the 19a-1 notices.
For further information about Roundhill Investments, you can visit their website: roundhillinvestments.com.
