GraniteShares YieldBOOST SPY ETF (YSPY)

GraniteShares YieldBOOST SPY ETF is an actively managed income-oriented fund from GraniteShares that is tied to the performance of the S&P 500 as represented by the SPDR S&P 500 ETF Trust (SPY). It belongs to the GraniteShares YieldBOOST series, which seeks to generate high monthly income through option-selling strategies.

Funds in the YieldBOOST lineup generally hold short-term U.S. Treasury securities and sell put options linked to a leveraged ETF on the reference asset, collecting premiums that are paid out to shareholders. The fund does not seek to deliver the full price return of the S&P 500; its income comes from option premiums, and its value can fall when the reference market declines.

The fund trades on NASDAQ under the ticker YSPY.