MSTYYieldMax

Aug 26, 2026 · $936.7M net assets

Synthetic long — no shares held

Owns Treasuries plus an options structure that replicates the underlying. Nothing here is a stock position.

Call coverage

—

of the equity sleeve has a call written on it

Wtd moneyness

8.14%

written in the money — upside sold

Wtd DTE

9.9d

weekly cycle

Upside room

—

to the average written strike

Capped

1/1

names already above their strike

Collateral

79.5%

cash + Treasuries

What backs the fund

Treasuries 59.4%Cash 20.2%Long options 28.2%Short options -7.71%

Notional written: calls 80.6% of NAV · puts 99.3% of NAV

The book

1 underlying · 17 contracts collapsed to one row each

Name	% NAV	Shares	Spot	Strike	DTE	Room	Cov	Long legs
MSTR	no shares	—	126.85	117.00	2d	-7.8%	—	C123 C128 C130 C129 C121 C126 C120 C95 C100 C127

Room is (strike − spot) / spot — how far the stock can still run before the written call caps it. That's the holder's number. It is not the same as moneyness, which the fund quotes against the strike.

Cov is the share of the position covered by written calls, capped at 100%.

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