YieldMax Russell 2000 0DTE Covered Call Strategy ETF

YieldMax Russell 2000 0DTE Covered Call Strategy ETF is an actively managed exchange-traded fund focused on generating current income while providing exposure to the price return of the Russell 2000 Index. The fund uses a synthetic covered call approach, primarily selling out-of-the-money call options with zero days to expiration on the index or related index-tracking ETFs to collect option premiums on a frequent basis. It also holds short-term U.S. Treasury securities and cash equivalents as collateral and to support portfolio operations. YieldMax Russell 2000 0DTE Covered Call Strategy ETF is designed for investors seeking a rules-based options-income strategy tied to U.S. small-cap equities, with weekly income distribution as a central feature of its mandate. The ETF is non-diversified and concentrates on options-based exposure rather than directly holding the underlying Russell 2000 constituents.