YieldMax NVDA Performance & Distribution Target 25 ETF (NVIT)

YieldMax NVDA Performance & Distribution Target 25 ETF (NVIT) is an exchange-traded fund in the Derivative Income category. It has $7.21M in assets and an expense ratio of 1.08%. The fund is an actively managed ETF, the management seeks (i) to generate cash distributions based on a targeted annual cash distribution level of 25%, and (ii) capital appreciation. The fund’s strategy combines (1) synthetic long exposure to the common stock of NVDA (the “Underlying Security”), and (2) the use of options strategies designed to generate premiums. The fund is non-diversified.