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Dividend Vision

MST ETF — Defiance Leveraged Long + Income MSTR ETF

Defiance Leveraged Long + Income MSTR ETF (MST)

MST is an ETF that tracks the Strategy (MSTR). As of August 19, 2026, its distribution rate is 49.73%, its trailing-12-month yield is 935.21%, its expense ratio is 1.91%.

At the current 49.73% distribution rate, a $10,000 investment would generate approximately $4,973 per year, or $414.42 per month on an equivalent basis. Actual weekly payments vary.

MST dividend yield and income

Data as of August 19, 2026.

The distribution rate (49.73%) is the latest posted forward yield, paid weekly. Trailing-12-month yield (935.21%) is the last year of payments divided by the current price. The 30-day SEC yield is 0.01%. The last dividend was $0.0722. The last ex-dividend date was 08/19/2026. It was paid on 08/20/2026. At 49.73%, $10,000 would generate about $4,973 a year ($414.42 monthly-equivalent).

Every recorded payment (64)
Ex-dateAmountvs year-ago payment
2026-08-12$0.07-98.9%
2026-08-05$0.075-98.6%
2026-07-29$0.094-98.4%
2026-07-22$0.094-98.5%
2026-07-15$0.088-99.1%
2026-07-08$0.075-99.0%
2026-07-01$0.066-99.2%
2026-06-24$0.107-98.2%
2026-06-17$0.132-98.3%
2026-06-10$0.148-98.2%
2026-06-03$0.157-97.9%
2026-05-27$0.219-97.0%
2026-05-20$0.241-97.4%
2026-05-13$0.321-96.6%
2026-05-06$0.296-96.8%
2026-04-29$0.275
2026-04-22$0.229
2026-04-15$0.178
2026-04-08$0.19
2026-04-01$0.194
2026-03-25$0.335
2026-03-11$0.448
2026-03-04$0.525
2026-02-25$0.392
2026-02-18$0.504
2026-02-11$0.49
2026-02-04$0.483
2026-01-28$0.581
2026-01-21$0.686
2026-01-14$0.658
2026-01-07$0.798
2025-12-31$0.791
2025-12-24$0.651
2025-12-17$0.644
2025-12-10$1.54
2025-12-03$4.116
2025-11-26$1.064
2025-11-19$1.596
2025-11-12$1.932
2025-11-05$3.22
2025-10-29$2.94
2025-10-22$3.08
2025-10-15$3.388
2025-10-08$4.76
2025-10-01$4.144
2025-09-24$4.648
2025-09-17$4.116
2025-09-10$4.116
2025-09-03$4.396
2025-08-27$5.18
2025-08-20$5.18
2025-08-13$6.104
2025-08-06$5.264
2025-07-30$5.964
2025-07-23$6.16
2025-07-16$9.828
2025-07-09$7.616
2025-07-02$8.008
2025-06-25$5.824
2025-06-18$7.616
2025-06-11$8.008
2025-06-04$7.448
2025-05-28$7.42
2025-05-21$9.38
2025 total$156.142
2026 YTD total$9.149-91.3%

MST dividend growth

An annualized trend fit on recent payments is -129.88%. That fit can move with uneven quarterly amounts and is not the same as a trailing-12-month cut.

TTM income vs the prior window
WindowChange
1Y-13.3%

MST key facts

Data as of August 19, 2026.

Issuer
Defiance ETFs
Asset type
ETF
Asset class
Equity
Inception date
07/18/2023
Expense ratio
1.91%
Distribution rate
49.73%
Distribution frequency
Weekly
Trailing yield
935.21%
30-day SEC yield
0.01%
Last close
$7.55
AUM
$13,197,384
Average volume
92588.0
Last dividend
$0.0722
Ex-dividend date
08/19/2026
Payment date
08/20/2026
Beta
5.1684

How Dividend Vision calculates yield and returns

Distribution rate (49.73%) 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 (935.21%) 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 (0.01%) 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: Defiance ETFs 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.

Compare MST

MST vs similar funds:

Frequently asked questions

Does MST pay monthly?

No. MST currently pays weekly, not monthly.

What index does MST track?

MST tracks the Strategy (MSTR).

What is MST's expense ratio?

MST's expense ratio is 1.91%.

What is MST's dividend yield?

MST currently yields 49.73%, paid weekly, with a 1.91% expense ratio.

When does MST pay a dividend?

MST pays weekly. The last dividend was $0.0722. The last ex-dividend date was 08/19/2026. It was paid on 08/20/2026.

Is MST a good investment?

It currently yields 49.73%. Compare peers below rather than treating any single figure as a buy or sell.