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Defiance ETFs Announces First Weekly Distribution of $0.3350/Share for $MST: Defiance Leveraged Long + Income MSTR ETF
MSTRMicroStrategy(MSTR) GlobeNewswire News Room·2025-05-20 04:01

Core Viewpoint - Defiance ETFs has launched the first leveraged MicroStrategy ETF, MST,whichaimstoprovideamplifiedexposuretoMicroStrategysstockperformancewhilegeneratingconsistentweeklyincomethroughanoptionsdrivenstrategy[1].Group1:ETFFeaturesLeveragedExposure:MST, which aims to provide amplified exposure to MicroStrategy's stock performance while generating consistent weekly income through an options-driven strategy [1]. Group 1: ETF Features - **Leveraged Exposure**: MST seeks to deliver approximately 150% to 200% of MicroStrategy's daily price performance, offering amplified exposure to its volatility and growth potential [2]. - Weekly Income: The ETF utilizes a credit call spreads strategy to generate high income distributed weekly, providing investors with regular cash flow [2]. - Indirect Bitcoin Access: Through MicroStrategy's significant Bitcoin holdings, MSToffersindirectexposuretoBitcoinsmarkettrendswithoutdirectcryptocurrencyownership[3].Group2:DistributionDetailsDistributionRate:ThedistributionrateiscalculatedbymultiplyingtheETFsdistributionpershareby52anddividingbytheETFsmostrecentNAV[8].DistributionAmount:ThedistributionforMST offers indirect exposure to Bitcoin's market trends without direct cryptocurrency ownership [3]. Group 2: Distribution Details - **Distribution Rate**: The distribution rate is calculated by multiplying the ETF's distribution per share by 52 and dividing by the ETF's most recent NAV [8]. - **Distribution Amount**: The distribution for MST is set at 0.3350pershare,withanestimatedreturnofcapitalasofMay22,2025,at99.290.3350 per share, with an estimated return of capital as of May 22, 2025, at 99.29% [10][11]. - **Key Dates**: The ex-dividend date is May 21, 2025, and the payable date is May 22, 2025 [10]. Group 3: Company Background - **Defiance ETFs Overview**: Founded in 2018, Defiance ETFs is a leader in thematic, income, and leveraged ETFs, continuing to innovate with products like MST to offer investors amplified exposure to high-growth companies [12].