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What is the yieldmax AMZN option income strategy ETF (Amzy)?

The YieldMax AMZN Option Income Strategy ETF (AMZY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Amazon stock (AMZN) through a synthetic covered call strategy, collateralized by cash and US Treasurys.

What is Amzy (AMZN) fund?

The fund seeks to provide current income and capped gains on the Amazon stock (AMZN) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. AMZY was launched on Jul 24, 2023 and is issued by YieldMax.

What is Amzy's investment strategy?

The Fund seeks current income as its primary objective. The Funds secondary investment objective is to seek exposure to the share price of the common stock of Amazon.com, Inc. (AMZN), subject to a limit on potential investment gains. The Fund will seek to employ its investment strategy as it relates to AMZN. No news for AMZY in the past two years.

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