YieldMax(TM) ETFs Announces Distributions on MSST, NVIT, and TEST

Executive Summary

• YieldMax® announced weekly distributions for three specific ETFs: YieldMax® MSTR Performance & Distribution Target 25™ (MSST), YieldMax® NVDA Performance & Distribution Target 25™ (NVIT), and YieldMax® TSLA Performance & Distribution Target 25™ (TEST).
• The distributions are scheduled to be paid on July 1, 2026, following an ex-date and record date of June 30, 2026.
• The announcement includes specific distribution rates per share and associated yield metrics for each fund, noting that distributions are variable and may include return of capital.

Key Details

• MSST (YieldMax® MSTR Performance & Distribution Target 25 ETF):
  • Distribution per Share: $0.0937
  • Distribution Rate: 25.00%
  • 30-Day SEC Yield: 1.05%
  • Return of Capital (ROC): 0.00%
• NVIT (YieldMax® NVDA Performance & Distribution Target 25 ETF):
  • Distribution per Share: $0.2240
  • Distribution Rate: 25.00%
  • 30-Day SEC Yield: 1.76%
  • Return of Capital (ROC): 91.53%
• TEST (YieldMax® TSLA Performance & Distribution Target 25 ETF):
  • Distribution per Share: $0.2012
  • Distribution Rate: 25.00%
  • 30-Day SEC Yield: 2.22%
  • Return of Capital (ROC): 74.68%
• Payment Schedule:
  • Ex. & Record Date: June 30, 2026
  • Payment Date: July 1, 2026
• Distribution Nature: Distributions are variable, may vary significantly from period to period, and may be zero. They may include ordinary dividends, capital gains, and return of investor capital.
• Adviser: Tidal Investments, LLC.
• Distributor: Foreside Fund Services, LLC.