DV
Dividend Vision

IMST ETF — Bitwise MSTR Option Income Strategy ETF

Bitwise MSTR Option Income Strategy ETF (IMST)

IMST is an ETF that tracks the Strategy (MSTR). As of August 19, 2026, its distribution rate is 11.57%, its trailing-12-month yield is 206.85%, its expense ratio is 0.96%. Dividend Vision Distribution Safety Score™ is 3/100 (High risk). Fund total return is -61.3% over the past 1.4 years, 4.2 points ahead of MSTR at -65.5%.

At the current 11.57% distribution rate, a $10,000 investment would generate approximately $1,157 per year, or $96.42 per month on an equivalent basis.

IMST dividend yield and income

Data as of August 19, 2026.

The distribution rate (11.57%) is the latest posted forward yield, paid monthly. Trailing-12-month yield (206.85%) is the last year of payments divided by the current price. The 30-day SEC yield is 0.72%. The last dividend was $0.0697. The last ex-dividend date was 06/26/2026. It was paid on 06/30/2026. At 11.57%, $10,000 would generate about $1,157 a year ($96.42 monthly-equivalent).

IMST dividend growth

An annualized trend fit on recent payments is -135.80%. That fit can move with uneven quarterly amounts and is not the same as a trailing-12-month cut.

IMST performance versus MSTR

Data as of August 19, 2026.

Fund total return is -61.3% over the past 1.4 years, 4.2 points ahead of MSTR at -65.5%. Its deepest 1-year drawdown was 72.9%.

WindowTotal returnCAGR
Since inception (1.4 years)-61.3%-50.40%

IMST key facts

Data as of August 19, 2026.

Distribution Safety Score™
3 · High risk
Safety-Adjusted Yield
0.35%
Issuer
Bitwise Investments
Asset type
ETF
Asset class
Equity
Inception date
11/12/2024
Expense ratio
0.96%
Distribution rate
11.57%
Distribution frequency
Monthly
Trailing yield
206.85%
30-day SEC yield
0.72%
Last close
$7.23
AUM
$6,353,121
Average volume
0.0
Last dividend
$0.0697
Ex-dividend date
06/26/2026
Payment date
06/30/2026
Beta
2.3063

How Dividend Vision calculates yield and returns

Distribution rate (11.57%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (206.85%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. The 30-day SEC yield (0.72%) is the SEC standardized figure when we have it. An issuer may publish a different SEC or TTM yield using another as-of date or share-class convention. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: Bitwise Investments fund page; Index: Strategy (MSTR); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

IMST risks and drawbacks

The deepest 1-year drawdown on record here is 72.9%.

Compare IMST

IMST vs similar funds:

Frequently asked questions

Does IMST pay monthly?

Yes. IMST currently pays monthly.

What index does IMST track?

IMST tracks the Strategy (MSTR).

What is IMST's expense ratio?

IMST's expense ratio is 0.96%.

What is IMST's dividend yield?

IMST currently yields 11.57%, paid monthly, with a 0.96% expense ratio.

When does IMST pay a dividend?

IMST pays monthly. The last dividend was $0.0697. The last ex-dividend date was 06/26/2026. It was paid on 06/30/2026.

How has IMST performed?

Fund total return is -61.3% over the past 1.4 years, 4.2 points ahead of MSTR at -65.5%. Its deepest 1-year drawdown was 72.9%.

Is IMST a good investment?

IMST's Dividend Vision Distribution Safety Score is 3 (High risk). That is a risk signal, not investment advice. It currently yields 11.57%. Compare peers below rather than treating any single figure as a buy or sell.

More funds from Bitwise Investments.