TSPY TappAlpha S&P 500 Growth & Dail

Derivative Income · TappAlpha

ETF 5 · Fair Momentum 5.0 · Neutral Safe

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25.24

-0.98%

About the fund

— 0.71% Assets (AUM) 310.7M Inception 2024 — — 25.17

52w 22.66 26.67

Top holdings

VOO Vanguard S&P 500 ETF 100.57%
FGXXX First American Government Obligs X 0.37%

Dividend deep dive

TappAlpha S&P 500 Growth & Dail (TSPY) is a Derivative Income fund from the TappAlpha family, managing $310,712,064 in assets. Its primary holdings are Vanguard S&P 500 ETF (VOO) and First American Government Obligs X (FGXXX). The fund exhibits a substantial sector tilt towards Technology at 39.13%. While the current dividend yield is not available, the fund's 5-year average, high, and low yields are all 14.18%. The fund was incepted in 2024.

Dividend history

TSPY aims to provide monthly distributions. The fund was incepted in 2024, meaning its distribution history is very limited. The only reported distribution figure is $3.504 for 2025. Consequently, 3-year and 5-year distribution CAGRs are not available. The fund's monthly payment frequency indicates a consistent distribution schedule, but historical payment amounts are too limited to assess a track record of growth or stability. Investors should note that the fund's distributions are directly influenced by the income generated from its underlying holdings and the derivative strategies employed.

Dividend safety

The TappAlpha S&P 500 Growth & Dail fund has an expense ratio of 0.71, which is a cost factor for investors. The fund aims for monthly distributions, suggesting a consistent payment schedule, though a long history of payments is not yet established given its inception in 2024. Regarding yield theory, the fund's 5-year average, high, and low yields are all reported as 14.18%. However, a current dividend yield figure is not provided, making a direct comparison against its historical yield band impossible at this time. The fund's strategy introduces complexities regarding income stability.

Key risks

High expense ratio: The fund's expense ratio of 0.71 is a significant ongoing cost.
Concentration risk: Over 39% of assets are weighted in the Technology sector.
Limited operating history: The fund was incepted in 2024, offering a very short track record.
Distribution variability: As a derivative income fund, distributions may fluctuate based on strategy performance.
Asset concentration: A dominant holding (VOO) makes up over 100% of reported net assets, indicating potential leverage or specific derivative overlay.

What to watch

Annual expense ratio: Monitor for any changes to the 0.71 expense ratio.
Distribution consistency: Observe monthly distribution amounts to assess stability post-2025.
Asset growth: Track total assets for signs of fund growth or decline from $310,712,064.
Sector concentration: Watch for changes in the Technology sector weight.

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AI-generated from Quantic's dividend data · Updated 17 Jul 2026 · Information, not financial advice.

Price history

Monthly close ·

Dividend profile

Frequency Monthly Growth (TTM) +13.0% CAGR 3y — — —

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Dividend history

Per-share dividend by year

Held by 1 investor

Information, not financial advice.