YieldMax Target 12 Real Estate Option Income ETF (RNTY)

The YieldMax Target 12 Real Estate Option Income ETF (RNTY) is an actively managed fund from YieldMax, offered through Tidal, that seeks to generate an annual income level of around 12% while maintaining exposure to real estate stocks.

The fund holds a portfolio of real estate investment trusts and other real estate companies and sells call options on those holdings or related indexes. Option premiums, together with dividends from the underlying securities, fund its regular distributions.

Because calls are written against the portfolio, the fund's participation in strong price gains is limited, and the income target is not guaranteed.