Key stats
About Kurv Yield Premium Strategy Microsoft (MSFT) ETF
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Inception date
Oct 31, 2023
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Kurv Investment Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US5009487084
MSFY aims to generate monthly income while providing exposure to the price returns of Microsoft stock (MSFT), subject to a cap on potential gains. The fund utilizes a synthetic covered call strategy via standardized exchange-traded and FLEX options, which consists of three elements: i) synthetic long exposure, ii) covered call writing, and iii) short-term fixed income instruments. The synthetic long exposure seeks to replicate the price movements of MSFT by purchasing and selling at-the-money calls and puts with one-month to one-year terms. To generate income, the fund writes out-of-the-money call options with similar expirations and a strike price approximately 5%-15% above MSFT's share price. This limits participation in potential gains if MSFT shares increase in value. The short put positions fully expose investors to the downside of the stock. The fund may also invest directly in MSFT shares and the combined direct and synthetic long position will not exceed 100% of net assets.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government98.56%
Mutual fund1.18%
Rights & Warrants0.28%
Cash−0.02%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MSFY top holdings are United States Treasury Bills 0.0% 26-DEC-2025 and United States Treasury Bills 0.0% 19-MAR-2026, occupying 36.05% and 33.65% of the portfolio correspondingly.
MSFY last dividends amounted to 0.25 USD. The month before, the issuer paid 0.25 USD in dividends,
MSFY assets under management is 5.68 M USD. It's fallen 5.42% over the last month.
MSFY fund flows account for 3.57 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MSFY pays dividends to its holders with the dividend yield of 13.08%. The last dividend (Aug 14, 2025) amounted to 0.25 USD. The dividends are paid monthly.
MSFY shares are issued by Kurv Investment, Inc. under the brand Kurv. The ETF was launched on Oct 31, 2023, and its management style is Passive.
MSFY expense ratio is 1.00% meaning you'd have to pay 1.00% of your investment to help manage the fund.
MSFY follows the Microsoft Corporation. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MSFY invests in bonds.
MSFY price has fallen by −4.95% over the last month, and its yearly performance shows a 4.17% increase. See more dynamics on MSFY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −4.02% over the last month, have fallen by −4.02% over the last month, showed a 5.35% increase in three-month performance and has increased by 20.77% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −4.02% over the last month, have fallen by −4.02% over the last month, showed a 5.35% increase in three-month performance and has increased by 20.77% in a year.
MSFY trades at a premium (0.00%) meaning the ETF is trading at a higher price than the calculated NAV.