GraniteShares YieldBOOST TSLA ETF (TSYY)
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TSYY: High Risk Leveraged Income From Tesla
Seeking Alpha· 2025-08-02 08:38
Group 1 - The article discusses the growing availability of option ETFs that can generate significant income for investors, highlighting the GraniteShares YieldBOOST TSLA ETF (TSYY) as a notable example [1] - The author emphasizes a hybrid investment strategy that combines classic dividend growth stocks with Business Development Companies, REITs, and Closed End Funds to enhance investment income while achieving total returns comparable to traditional index funds like the S&P [1]
The GraniteShares YieldBoost TSLA ETF (TSYY) Yielded a February Annualized Distribution of Approximately 160.59% Generating a -8.38% Total Return. TSYY Went Ex-Dividend on February 28, 2025
Newsfilter· 2025-03-03 19:02
Core Insights - YieldBOOST is a new strategy by GraniteShares that aims to enhance income potential by selling options on leveraged ETFs while focusing on NAV preservation through "out of the money" options [1] - The strategy is designed to address the limitations of traditional covered call strategies, which often prioritize income over total return, leading to potential long-term investment issues [2][3] Company Overview - GraniteShares is a global investment firm based in New York City, recognized for its innovative ETF products and a leader in leveraged single-stock ETFs [5][6] - The firm has a diverse range of offerings, including commodity index funds and high-income pass-through securities, with $8.9 billion in assets under management as of January 24, 2025 [6] Product Details - TSYY is the first ETF in the YieldBOOST lineup, targeting current income and seeking exposure to leveraged investment results of 200% related to Tesla Inc. [4] - Additional YieldBOOST products are anticipated to be launched in the coming months, indicating a strategic expansion of GraniteShares' product offerings [4]