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YMAG

15.49000 USD
0.01
0.06%
Last update Aug 7, 3:59 PM EDT
Pre-market
Day range
15.37200
15.54500
Previous close
15.5
Open
15.48500
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YieldMax Magnificent 7 Fund of Option Income ...
15.49
0.01
0.06%

Overview

Description

The YieldMax MGNF 7 Futures Optimized Income ETF is an exchange-traded fund designed to capitalize on the dynamic and sometimes volatile movements of Rolling 7-Day Managed Futures contracts and strategies. This ETF primarily aims to deliver a strategic blend of income generation and potential capital appreciation by expertly managing exposure to commodity futures contracts. These contracts encompass a wide array of commodities, including energy, metals, and agricultural products, which allows the fund to exploit trends and discrepancies within global commodity markets. The fund plays a significant role in the financial market by providing institutional and retail investors with a diversified, professionally managed vehicle that seeks to generate returns irrespective of traditional bond or equity market conditions. Its flexible approach to managing futures positions means the fund can adjust quickly to market changes, which is crucial in capturing short to medium-term movements in prices. By focusing on futures optimized income, the YieldMax MGNF 7 Futures Optimized Income ETF serves as an alternative investment within a broader investment portfolio, offering exposure to commodities with the potential for distinctive risk and return characteristics compared to traditional asset classes.

About

Address
Phone
Website
Instrument type
ETF
Country
United States
MIC code
ARCX
Pre-market

Exchange is currently open for pre-market.
Main market opens in 4 hours 9 minutes

05:20
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).