YieldMax Memory and Storage Portfolio Option Income ETF (YRAM)

The YieldMax Memory and Storage Portfolio Option Income ETF (YRAM) is an actively managed exchange-traded fund from YieldMax ETFs. It seeks to generate income while providing exposure to companies in the computer memory and data storage industry.

The fund holds a portfolio of memory and storage-related stocks, such as makers of DRAM, NAND flash, hard drives and storage systems, and sells call options on those positions to collect premium that supports regular distributions.

Writing calls limits the fund's participation in strong rallies in its holdings, while the fund remains exposed to declines in the underlying stocks.