TMGN ETF — Cboe Magnificent 10 Growth & Daily Income ETF
Cboe Magnificent 10 Growth & Daily Income ETF (TMGN)
TMGN is an ETF that tracks the Cboe Magnificent 10 Index. As of September 3, 2026, its distribution rate is 20.14%, its trailing-12-month yield is 1.68%, its expense ratio is 0.88%. Dividend Vision Distribution Safety Score™ is 50/100 (Caution). Total return is 4.3% over the past 0.1 years, 1.9 points ahead of SPY at 2.4%.
At the current 20.14% distribution rate, a $10,000 investment would generate approximately $2,014 per year, or $167.83 per month on an equivalent basis.
TMGN dividend yield and income
Data as of September 3, 2026.
The distribution rate (20.14%) is the latest posted forward yield, paid monthly. Trailing-12-month yield (1.68%) is the last year of payments divided by the current price. The last dividend was $0.419. The last ex-dividend date was 08/25/2026. It was paid on 08/26/2026. At 20.14%, $10,000 would generate about $2,014 a year ($167.83 monthly-equivalent).
| Ex-date | Amount | Change from previous payment |
|---|---|---|
| 2026-08-25 | $0.419 | — |
| 2026 YTD total (partial launch year) | $0.419 | — |
TMGN dividend growth
| Window | Change |
|---|---|
| 3Y | 0.0% |
| 5Y | 0.0% |
TMGN holdings and sector exposure
Holdings are not available for this snapshot.
Economic / reference exposure: MGTN (physical holdings below may be collateral and options, not the reference asset itself).
TMGN performance versus SPY
Data as of September 3, 2026.
Total return is 4.3% over the past 0.1 years, 1.9 points ahead of SPY at 2.4%.
| Window | Total return | CAGR |
|---|---|---|
| Since inception (0.1 years) | 4.3% | — |
TMGN key facts
Data as of September 3, 2026.
- Distribution Safety Score™
- 50 · Caution
- Issuer
- TappAlpha
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 07/15/2026
- Expense ratio
- 0.88%
- Distribution rate
- 20.14%
- Distribution frequency
- Monthly
- Trailing yield
- 1.68%
- Last close
- $24.96
- NAV
- $24.36
- Premium / discount
- 2.46% premium
- AUM
- $12,819,274
- Average volume
- 34905.0
- Last dividend
- $0.419
- Last ex-dividend date
- 08/25/2026
- Last payment date
- 08/26/2026
- P/E ratio
- 31.9292
How Dividend Vision calculates yield and returns
Distribution rate (20.14%) 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 (1.68%) 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. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss. Figures below use Dividend Vision data as of September 3, 2026.
Distribution rate methodology · Distribution Safety Score methodology · SEC yield
Sources and review
Data as of September 3, 2026.
Primary sources: TappAlpha or company page; Index: Cboe Magnificent 10 Index; 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
Does TMGN pay monthly?
Yes. TMGN currently pays monthly.
What index does TMGN track?
TMGN tracks the Cboe Magnificent 10 Index.
What is TMGN's expense ratio?
TMGN's expense ratio is 0.88%.
What is TMGN's dividend yield?
TMGN currently yields 20.14%, paid monthly, with a 0.88% expense ratio.
When does TMGN pay a dividend?
TMGN pays monthly. The last dividend was $0.419. The last ex-dividend date was 08/25/2026. It was paid on 08/26/2026.
How has TMGN performed?
Total return is 4.3% over the past 0.1 years, 1.9 points ahead of SPY at 2.4%.
Is TMGN a good investment?
TMGN's Dividend Vision Distribution Safety Score is 50 (Caution). That is a risk signal, not investment advice. It currently yields 20.14%. Compare peers below rather than treating any single figure as a buy or sell.
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