TMGN ETF — TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF
TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF (TMGN)
Updated October 9, 2026.
TMGN is an ETF that tracks the Cboe Magnificent 10 Index. its distribution rate is 20.16%, its trailing-12-month yield is 3.25%, its expense ratio is 0.88%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 13.6% over the past 0.2 years, 10.2 points ahead of SPY at 3.4%.
At the current 20.16% distribution rate, a $10,000 investment would generate approximately $2,016 per year, or $168.00 per month.
TMGN dividend yield and income
Price as of 2026-10-09.
The distribution rate (20.16%) is the latest posted forward yield, paid monthly. Trailing-12-month yield (3.25%) is the last year of payments divided by the current price. The dividend amount is $0.449. The ex-dividend date is 09/29/2026. The payment date is 09/30/2026. At the current 20.16% distribution rate, a $10,000 investment would generate approximately $2,016 per year, or $168.00 per month.
| Ex-date | Amount | Change from previous payment |
|---|---|---|
| 2026-09-29 | $0.449 | 7.2% |
| 2026-08-25 | $0.419 | — |
| 2026 YTD total (partial launch year) | $0.868 | — |
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
Price and return data through 2026-10-09.
Total return is 13.6% over the past 0.2 years, 10.2 points ahead of SPY at 3.4%.
| Window | Total return | CAGR |
|---|---|---|
| 1M | 9.3% | — |
| YTD | 13.6% | — |
| Since inception (0.2 years) | 13.6% | — |
TMGN key facts
- Distribution Safety Score™
- 50 · Unproven
- Issuer
- TappAlpha
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 07/15/2026
- Expense ratio
- 0.88%
- Distribution rate
- 20.16%
- Distribution frequency
- Monthly
- Trailing yield
- 3.25%
- Last close
- $26.73 (as of 2026-10-09)
- AUM
- $29,258,020
- Average volume
- 49752.0
- Dividend
- $0.449
- Ex-dividend date
- 09/29/2026
- Payment date
- 09/30/2026
How Dividend Vision calculates yield and returns
Distribution rate (20.16%) 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 (3.25%) 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. 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.
Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology
Sources and review
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's distribution rate is 20.16%, paid monthly, with a 0.88% expense ratio — the latest regular payout annualised, not a trailing 12-month yield (data as of October 9, 2026).
When does TMGN pay a dividend?
TMGN pays monthly. The dividend amount is $0.449. The ex-dividend date is 09/29/2026. The payment date is 09/30/2026.
How has TMGN performed?
Total return is 13.6% over the past 0.2 years, 10.2 points ahead of SPY at 3.4%.
Is TMGN a good investment?
TMGN's Dividend Vision Distribution Safety Score is 50 (Unproven). That is a risk signal, not investment advice. Its distribution rate is 20.16% (the latest regular payout annualised, not a trailing yield). Compare peers below rather than treating any single figure as a buy or sell.
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