🔴 MSTY is trading 2.9% down today after slashing its weekly distribution by 17.6%

MSTY is trading at $11.65 (down 2.9%) as investors react to a significant 17.6% reduction in the fund's weekly distribution.

• The YieldMax MSTR Option Income Strategy ETF reduced its latest payout, extending a multi-day slide for the high-yield vehicle.
• Income-focused holders are reassessing the fund’s risk/reward profile and yield sustainability amid a broader tech-led market downturn.