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TMGN ETF — TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF
TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF (TMGN)
Updated October 16, 2026.
Verdict as of October 19, 2026
TMGN's distribution is rated unproven by the Dividend Vision Distribution Safety Score™ (50/100, low confidence). It pays monthly and its distribution rate is 21.33%. The latest total cash payment per current share, $0.449 with an ex-date of September 29, 2026, was 7.2% higher than the previous $0.419. Monthly payouts from this fund vary with its option income; a larger payment is not necessarily an increase in its regular rate.
Sources: TappAlpha page for TMGN, Section 19a-1 notices, scoring methodology.
TMGN is an ETF that tracks the Cboe Magnificent 10 Index. its distribution rate is 21.33%, its trailing-12-month yield is 3.44%, its expense ratio is 0.88%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 7.3% over the past 0.3 years, 5.9 points ahead of SPY at 1.4%.
TMGN dividend yield and income
Price as of 2026-10-16.
The distribution rate (21.33%) uses calculation basis unavailable. Trailing-12-month yield (3.44%) is the last year of cash distributions by ex-date 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.
| Ex-date | Amount | Change from previous payment |
|---|---|---|
| 2026-09-29 | $0.449 | 7.2% Total cash (unclassified) |
| 2026-08-25 | $0.419 | — |
| 2026 YTD total (partial launch year) | $0.868 | — |
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 2026-10-16.
Total return is 7.3% over the past 0.3 years, 5.9 points ahead of SPY at 1.4%.
| Window | Total return | CAGR |
|---|---|---|
| 1M | 3.3% | — |
| 3M | 9.3% | — |
| YTD | 7.4% | — |
| Since inception (0.3 years) | 7.3% | — |
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
- 21.33%
- Distribution frequency
- Monthly
- Trailing yield
- 3.44%
- Last close
- $25.26 (stale; as of 2026-10-16)
- AUM
- $29,258,020
- Average volume
- 104400.0
- Dividend
- $0.449
- Ex-dividend date
- 09/29/2026
- Payment date
- 09/30/2026
How Dividend Vision calculates yield and returns
Distribution rate (21.33%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.44%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. 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.
More on TMGN
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 21.33%, paid monthly, with a 0.88% expense ratio — calculation basis unavailable.
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 7.3% over the past 0.3 years, 5.9 points ahead of SPY at 1.4%.
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 21.33% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.
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