YieldMax has expanded its lineup of options strategy ETFs with the listing of the YieldMax Target 12 Real Estate Option Income ETF (RNTY). The actively managed fund debuted on NYSE Arca today with an expense ratio of 0.99%. It focuses on the real estate sector.
To meet its investment goals RNTY, combines an equity and options strategy through direct or synthetic investments. The fund aims to generate 12% income for shareholders primarily by selling options on some or all of the U.S.-listed real estate securities it holds. The portfolio typically consists of 15 to 30 companies, with any dividends contributing to income.
RNTY will also hold a small allocation of up to 10% in cash, money market funds, or short term U.S. Treasuries for collateral and income purposes.
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Tidal Investments serves as the fund’s advisor. Portfolio managers Jay Pestrichelli, Qiao Duan, and Christopher Mullen select real estate companies based on factors such as stock liquidity, options contract liquidity, price level, and implied volatility.
RNTY aims to announce its first distribution on June 3, 2025, with monthly distributions planned for the first Tuesday of every month.
Top holdings at launch include Texas Pacific Land Corp, Digital Realty Trust Inc., and Prologis Inc.
RNTY adds to YieldMax’s growing roster of options strategy funds. Its largest fund, th YieldMax NVDA Option Income Strategy ETF (NVDY ), currently manages $1.3 billion in assets.
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