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Kurv Yield Premium Strategy Microsoft ETF (MSFY)

Derivative Income | Exchange Traded Fund | Cboe US
19.27 USD +0.11 (0.555%) ⇧ (April 17, 2026, 3:59 p.m. EDT)
After hours: 19.45 +0.19 (0.960%) ⇧ (April 17, 2026, 6:26 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ★★☆☆☆
Hot Take | April 18, 2026, 10:21 p.m. EDT

This is a financial contraption rather than a traditional equity. The astronomical 28% dividend yield is a red flag indicative of a high-turnover 'yield premium' strategy rather than genuine earnings growth; the price action recently rebounded from an all-time low of $16.30, suggesting momentum is sticky but fragile. With no news catalyst, volatile statistical residuals (low p-value for randomness in returns), and minimal options conviction, the risk of capital loss outweighs the allure of the dividend yield for any investor not specifically hunting for statistical arbitrage on turnover premiums.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.209461
AutoETS0.215113
AutoARIMA0.215286
AutoTheta0.221798

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 34%
H-stat 2.24
Ljung-Box p 0.000
Jarque-Bera p 0.001
Excess Kurtosis 2.21

As of April 18, 2026, 10:21 p.m. EDT: Options activity is sparse and conflicting by expiration. For the short-term July 17 expiration, implied volatility is low (0.67) with balanced open interest between a $20 call (bullish anchor) and a $17 put (semi-OTM bearish hedge), suggesting a neutral, range-bound sentiment near current levels ($19.26). However, for the longer October 16 date, there is a distinct concentration of 8 In-The-Money Open Interest contracts at the $15 strike, implying traders are hedging for a significant drop to that level within the next few months. No active volume was recorded in most of these positions.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.06% 21.95%
Dividend History
Date Dividend Yield %
2026-04-15 0.200 1.064963
2026-03-11 0.200 1.075723
2026-02-11 0.650 3.492170
2026-01-14 0.250 1.170130
2025-12-10 0.750 3.351009
2025-11-12 0.800 3.370753
2025-10-15 0.650 2.772149
2025-09-10 0.250 1.100558
2025-08-13 0.250 1.063386
2025-07-09 0.250 1.108556
2025-06-11 0.250 1.165824
2025-05-14 0.250 1.211009
2025-04-09 0.250 1.345650
2025-03-12 0.250 1.364365
2025-02-12 0.250 1.289528
2025-01-23 0.300 1.435904
2024-12-24 0.400 1.952360
2024-11-20 0.317 1.633328
2024-10-23 0.335 1.696329
2024-09-25 0.343 1.720244
2024-08-21 0.340 1.734767
2024-07-24 0.301 1.530422
2024-06-26 0.286 1.384487
2024-05-22 0.277 1.375448
2024-04-24 0.272 1.394332
2024-03-20 0.282 1.413192
2024-02-21 0.225 1.174609
2024-01-24 0.262 1.389936
2023-12-20 0.240 1.355214
2023-11-22 0.267 1.487470
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 28.29

Info Dump

Attribute Value
All Time High 29.005
All Time Low 16.305
Ask 20.95
Ask Size 9,500
Average Daily Volume10 Day 25,010
Average Daily Volume3 Month 16,600
Average Volume 16,600
Average Volume10Days 25,010
Beta3 Year 0.0
Bid 18.23
Bid Size 100
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 19.61
Day Low 19.1913
Dividend Yield 28.29
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 18.28326
Fifty Day Average Change 0.98173904
Fifty Day Average Change Percent 0.05369606
Fifty Two Week Change Percent -8.544981
Fifty Two Week High 28.47
Fifty Two Week High Change -9.205
Fifty Two Week High Change Percent -0.3233228
Fifty Two Week Low 16.305
Fifty Two Week Low Change 2.959999
Fifty Two Week Low Change Percent 0.18153934
Fifty Two Week Range 16.305 - 28.47
First Trade Date Milliseconds 1,698,759,000,000
Full Exchange Name Cboe US
Fund Family Kurv Investment Management Inc.
Fund Inception Date 1,698,624,000
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund is an actively managed exchange traded fund that seeks current income while maintaining the opportunity for exposure to the share price (i.e., the price returns) of the common stock of Microsoft Corporation (“MSFT”); however the strategy limits potential investment gains related to share price appreciation. The fund seeks to employ its investment strategy as it relates to MSFT in all market, economic, or other conditions. The fund is non-diversified.
Long Name Kurv Yield Premium Strategy Microsoft ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1852476386
Nav Price 19.2446
Net Assets 8,312,881.0
Net Expense Ratio 0.99
Open 19.32
Phone 9,144,435,008
Post Market Change 0.18500137
Post Market Change Percent 0.9602978
Post Market Price 19.45
Post Market Time 1,776,464,761
Previous Close 19.1587
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.106298
Regular Market Change Percent 0.554831
Regular Market Day High 19.61
Regular Market Day Low 19.1913
Regular Market Day Range 19.1913 - 19.61
Regular Market Open 19.32
Regular Market Previous Close 19.1587
Regular Market Price 19.265
Regular Market Time 1,776,455,986
Regular Market Volume 22,721
Short Name Kurv Yield Premium Strategy Mic
Source Interval 15
Symbol MSFY
Total Assets 8,312,881
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -25.89163
Trailing Three Month Returns -25.89163
Triggerable 1
Two Hundred Day Average 23.96025
Two Hundred Day Average Change -4.6952515
Two Hundred Day Average Change Percent -0.19596003
Type Disp ETF
Volume 22,721
Yield 0.2829
Ytd Return -25.89163