YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) Stock Price, Quote, News & History | Benzinga

Fund may choose to redeem its investment in that particular ETF in order to seek to capitalize on tax loss harvesting. In that case, the Adviser will use the proceeds from such redemption and invest them in the same synthetic covered call strategy on the same Underlying Security as that of the redeemed Underlying YieldMax ETF. This approach aims to achieve returns akin to those of the redeemed Underlying YieldMax ETF in which the Fund was invested. In addition, if a specific Underlying YieldMax ETF has recently incurred substantial losses or the Underlying Security becomes subject to material regulatory or listing issues, the Fund may choose to redeem its investment in that particular ETF, and redeploy the proceeds via an investment in one or more other Underlying YieldMax ETFs. Furthermore, upon rebalancing, the Fund may refrain from taking a new position in such an ETF or Underlying Security as part of its ongoing risk management and compliance strategy.