Kurv Yield Premium Strategy Microsoft ETF (MSFY)Derivative Income | Exchange Traded Fund | Cboe US
21.08 USD
+0.39
(1.880%)
⇧
(Aug. 28, 2026, 2:04 p.m.
EDT)
After hours: 21.08 |
Hot Take ↕ | Aug. 22, 2026, 5:27 a.m. EDT
The most critical observation is the disconnect between the headline yield and the actual capital appreciation potential. While the reported 14.93% yield appears attractive, the recent price history reveals a pattern of aggressive distributions that have likely eroded the underlying asset value, creating a 'NAV erosion' scenario rather than sustainable income. The price has drifted lower from its recent highs, trading well below the 200-day average, which confirms a lack of underlying momentum despite the high payout. The options market reinforces this bearish sentiment, with traders buying significant downside protection while avoiding calls entirely. For a long-term hold, the one-year trajectory shows only modest gains (+4%), suggesting the business quality or the strategy's premium hasn't expanded enough to justify a higher valuation. The high yield is a trap for investors seeking growth, offering compensation for holding a depreciating or stagnant asset. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.162256 |
| AutoETS | 0.175794 |
| AutoTheta | 0.183881 |
| AutoARIMA | 0.202046 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 48% |
| H-stat | 9.60 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.071 |
| Excess Kurtosis | -1.67 |
As of Aug. 22, 2026, 5:27 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put volume and open interest concentrated at strikes below the current price, specifically targeting downside protection around the $18 level. There is virtually no call activity, indicating a lack of bullish conviction for the near term.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.99% | 20.64% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-12 | 0.200 | 0.993345 |
| 2026-07-15 | 0.200 | 1.159756 |
| 2026-06-10 | 0.200 | 1.131862 |
| 2026-05-13 | 0.200 | 1.104240 |
| 2026-04-15 | 0.200 | 1.064963 |
| 2026-03-11 | 0.200 | 1.063830 |
| 2026-02-11 | 0.650 | 3.417455 |
| 2026-01-14 | 0.250 | 1.108156 |
| 2025-12-10 | 0.750 | 3.139783 |
| 2025-11-12 | 0.800 | 3.063960 |
| 2025-10-15 | 0.650 | 2.444620 |
| 2025-09-10 | 0.250 | 0.947400 |
| 2025-08-13 | 0.250 | 0.906783 |
| 2025-07-09 | 0.250 | 0.936926 |
| 2025-06-11 | 0.250 | 0.976067 |
| 2025-05-14 | 0.250 | 1.004056 |
| 2025-04-09 | 0.250 | 1.104533 |
| 2025-03-12 | 0.250 | 1.106537 |
| 2025-02-12 | 0.250 | 1.034340 |
| 2025-01-23 | 0.300 | 1.140034 |
| 2024-12-24 | 0.400 | 1.532567 |
| 2024-11-20 | 0.317 | 1.262646 |
| 2024-10-23 | 0.335 | 1.295137 |
| 2024-09-25 | 0.343 | 1.296737 |
| 2024-08-21 | 0.340 | 1.290861 |
| 2024-07-24 | 0.301 | 1.124309 |
| 2024-06-26 | 0.286 | 1.006157 |
| 2024-05-22 | 0.277 | 0.989639 |
| 2024-04-24 | 0.272 | 0.993390 |
| 2024-03-20 | 0.282 | 0.996889 |
| 2024-02-21 | 0.225 | 0.820359 |
| 2024-01-24 | 0.262 | 0.962846 |
| 2023-12-20 | 0.240 | 0.929800 |
| 2023-11-22 | 0.267 | 1.011172 |
| Attribute | Value |
|---|---|
| All Time High | 29.005 |
| All Time Low | 15.38 |
| Ask | 23.43 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 7,040 |
| Average Daily Volume3 Month | 13,582 |
| Average Volume | 13,582 |
| Average Volume10Days | 7,040 |
| Beta3 Year | 0.0 |
| Bid | 18.91 |
| Bid Size | 4,800 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 21.21 |
| Day Low | 20.81 |
| Dividend Yield | 14.93 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 18.29654 |
| Fifty Day Average Change | 2.7840614 |
| Fifty Day Average Change Percent | 0.15216328 |
| Fifty Two Week Change Percent | -21.515263 |
| Fifty Two Week High | 28.1 |
| Fifty Two Week High Change | -7.0193996 |
| Fifty Two Week High Change Percent | -0.2498007 |
| Fifty Two Week Low | 15.38 |
| Fifty Two Week Low Change | 5.7006006 |
| Fifty Two Week Low Change Percent | 0.37065023 |
| Fifty Two Week Range | 15.38 - 28.1 |
| First Trade Date Milliseconds | 1,698,759,000,000 |
| Full Exchange Name | Cboe US |
| Fullday Change | 0.388901 |
| Fullday Change Percent | 1.8795 |
| Fullday Price | 21.0806 |
| Fund Family | Kurv Investment Management LLC |
| 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 | 20.7128 |
| Net Assets | 12,913,866.0 |
| Net Expense Ratio | 0.99 |
| Open | 20.81 |
| Phone | 9,144,435,008 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 21.0806 |
| Post Market Time | 1,787,954,451 |
| Previous Close | 20.6917 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.388901 |
| Regular Market Change Percent | 1.8795 |
| Regular Market Day High | 21.21 |
| Regular Market Day Low | 20.81 |
| Regular Market Day Range | 20.81 - 21.21 |
| Regular Market Open | 20.81 |
| Regular Market Previous Close | 20.6917 |
| Regular Market Price | 21.0806 |
| Regular Market Time | 1,787,940,255 |
| Regular Market Volume | 10,472 |
| Short Name | Kurv Yield Premium Strategy Mic |
| Source Interval | 15 |
| Symbol | MSFY |
| Total Assets | 12,913,866 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 9.69712 |
| Trailing Three Month Returns | 9.69712 |
| Triggerable | 1 |
| Two Hundred Day Average | 20.02965 |
| Two Hundred Day Average Change | 1.050951 |
| Two Hundred Day Average Change Percent | 0.052469764 |
| Type Disp | ETF |
| Volume | 10,472 |
| Yield | 0.14930001 |
| Ytd Return | -10.64591 |