Kurv Yield Premium Strategy Microsoft (MSFT) ETF
DThis fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.
$22.12+0.14 (+0.64%)
- 1.15%
- $12M
- −0.6%
- 20.47%
- 0M sh
- $21.79
- low $15.38high $28.10
The ETF.net MSFY Grade
D
Score 39 out of 100
- 52 of 72
Score 39 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F11 out of 100Rank 62 of 72Mission
Whether the fund did what it promised, tested against its stated mandate.C54 out of 100Rank 32 of 49Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C48 out of 100Rank 32 of 66Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B59 out of 100Rank 22 of 72Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B56 out of 100Rank 4 of 9Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B57 out of 100Rank 32 of 72
Our read on MSFY
DA one-stock income play: MSFY builds its Microsoft exposure out of options rather than shares, sells calls against it, and pays monthly. The trade is part of Microsoft's upside for the premium.
The Fund seeks current income while providing exposure to Microsoft Corporation’s common-stock returns, subject to limited upside participation. It uses options-based strategies, including a synthetic covered-call strategy, to generate income.
Why people hold it
- Options, not shares: a synthetic Microsoft position with calls written against it, so the income work happens inside the fund instead of your own options account.
- Pays on a monthly schedule, and the strategy sits inside a standard 1940 Act fund you buy like any other ticker. Live since October 2023.
- Kurv discloses upfront that distributions can include return of capital, so part of a payout may be your own money coming back.
Worth knowing
- Upside participation is limited by design while Microsoft's declines pass through: capped gains, uncapped drawdowns, one company.
- The 1.15% fee sits above what the typical single-stock income fund charges, and it comes out before any premium reaches you.
- A small asset base and thin trading can mean wider spreads than at the larger option-income names in the group.
MSFY Holdings
- Stocks
- 8
- 102%
- 912797VF1
Geography
- United States100.00%
MSFY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
MSFY$9,938
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | MSFY |
|---|---|
| Year to date | +2.1% |
| 1 month | +9.4% |
| 3 months | +33.7% |
| 1 year | −0.6% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | MSFY |
|---|---|---|
| 2026 YTD | +2.1% | |
| 2025 | +14.0% | |
| 2024 | +10.9% | |
| 2023 | +6.4% |
MSFY in the news
MSFY Dividends
- 20.47%
- $4.50
- $0.20 per share
- Monthly
Distribution history
MSFY Risk
- 25.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.30
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −35.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.16
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MSFY Cost
1.15%
MSFY1.15%
- The middle half of Single-Stock Option Income funds
- Median 1.07%
61 of the 71 Single-Stock Option Income funds charge less.
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