MSST ETF — YieldMax MSTR Performance & Distribution Target 25 ETF

YieldMax MSTR Performance & Distribution Target 25 ETF (MSST)

MSST is an ETF that tracks the Strategy (MSTR). As of August 19, 2026, its distribution rate is 25.16%, its trailing-12-month yield is 29.08%, its expense ratio is 0.99%. Dividend Vision Distribution Safety Score™ is 30/100 (Elevated risk). Fund total return is -51.5% over the past 0.7 years, 3.8 points ahead of MSTR at -55.3%.

At the current 25.16% distribution rate, a $10,000 investment would generate approximately $2,516 per year, or $209.67 per month on an equivalent basis. Actual weekly payments vary.

This ETF provides synthetic exposure to MicroStrategy's share price combined with a covered call options overlay designed to generate a high level of income targeting roughly 25% annualized yield. The fund distributes income weekly and carries an expense ratio of 0.99%. It appeals to investors seeking high current income from a single-stock strategy, though the non-diversified structure and options-based approach carry concentration risk and complexity relative to traditional equity investments.

MSST performance versus MSTR

Data as of August 19, 2026.

Fund total return is -51.5% over the past 0.7 years, 3.8 points ahead of MSTR at -55.3%.

MSST key facts

Data as of August 19, 2026.

Distribution Safety Score™

30 · Elevated risk

Safety-Adjusted Yield

7.55%

Issuer

YieldMax

Asset type

ETF

Asset class

Equity

Inception date

11/17/2025

Expense ratio

0.99%

Distribution rate

25.16%

Distribution frequency

Weekly

Trailing yield

29.08%

30-day SEC yield

3.76%

Last close

$21.90

AUM

$1,152,075

Average volume

485.0

Last dividend

$0.1060

Ex-dividend date

08/18/2026

Payment date

08/19/2026

Beta

2.8062

How Dividend Vision calculates yield and returns

Distribution rate (25.16%) 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 (29.08%) 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 (3.76%) 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: YieldMax 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.

Frequently asked questions

More funds from YieldMax.