Roundhill Investments Announces ETF Distributions

NEW YORK, June 26, 2024 /PRNewswire/ — Roundhill Investments, an ETF sponsor focused on innovative financial products, announced the following ETF distributions.

Weekly distributions

Monthly distributions

Quarterly distributions

Semi-annual distributions

The 30-day SEC yield*** (as of 05/31/24) for the Roundhill S&P 500® Covered Call Strategy ETF 0DTE and the Roundhill N-100 Covered Call Strategy ETF 0DTE are – 0.51% and -0.36%, respectively. .****

The distribution rate** (as of 06/25/2024) and the 30-day SEC yield*** (as of 05/31/24) for the Roundhill Bitcoin Covered Call Strategy ETF are 22.94% and 4.08%, respectively.

The distribution rate** (as of 06/25/2024) and the 30-day SEC yield*** (as of 05/31/24) for the Roundhill S&P® Dividend Monarchs ETF are 2.96% and 2.58%, respectively.

The distribution rate** (as of 06/25/2024) and the 30-day SEC yield*** (as of 05/31/24) for the Roundhill Alerian LNG ETF are 3.94% and 2.94%, respectively.

The gross expense ratio for XDTE, QDTE and YBTC is 0.95%, KNGS is 0.35%, LNGG is 0.65%.

Performance data cited represents past performance. Past performance does not guarantee future results. Actual performance may be lower or higher than quoted performance data. The investment return and principal value of an investment fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost. Returns within one year are not annualized. For the most recent standardized and month-end performance, please click here: XDTE, QDTE, YBTC, KNG, LNG.

The Funds currently expect, but do not guarantee, to make distributions on a weekly and monthly basis, respectively. Distributions may exceed the Funds’ income and gains for the Funds’ taxable year. Distributions in excess of current and accumulated profits of the Funds will be treated as a return of capital.

Based on the most recent distributions made by the funds, the distribution composition was estimated to be 100% return of capital. Please see the 19a-1 notices for more information.

*Distribution per share (%) is calculated by dividing the most recent distribution by the net asset value of the fund as of market close on June 25, 2024.

**Distribution Rate: Annual rate an investor would receive if the fund’s most recent distribution remained the same in the future. The rate represents a single distribution from the fund and does not represent the total return of the fund. The distribution rate is calculated by annualizing the most recent distribution and dividing by the most recent net asset value of the fund.

**30-Day SEC Yield: Yield calculation that reflects dividends and interest earned during the period after deducting fund expenses. It is also called “standardized yield”.

About Roundhill Investments:

Founded in 2018, Roundhill Investments is an SEC-registered investment advisor focused on innovative exchange-traded funds. Roundhill’s range of ETFs offers unique and differentiated exposures to thematic equities, options income and trading vehicles. Roundhill offers extensive ETF knowledge and experience, as the team has collectively launched over 100+ ETFs, including several first-to-market products. To learn more about the company, please visit roundhillinvestments.com.

This document must be preceded or accompanied by a prospectus.

Click here for the XDTE prospectus.
Click here for the QDTE prospectus.
Click here for the YBTC prospectus.
Click here for the KNGS prospectus.
Click here to view the LNGG prospectus.

All investments involve risks, including the risk of loss of capital. There is no guarantee that the investment strategy will be successful. Funds face many risks, including options risk, liquidity risk, market risk, cost of futures investment risk, clearing broker risk, commodity regulation risk , futures risk, active management risk, active market risk, clearing broker risk, credit risk, derivatives. risk, legislative and litigation risk, operational risk, risk linked to negotiation problems, valuation risk and non-diversification risk. For a detailed list of the fund’s risks, see the prospectus.

Risk related to the covered call strategy. A covered call strategy involves writing (selling) covered call options in exchange for receiving premiums. The seller of the option gives up the possibility of benefiting from increases in the price of the underlying instrument above the options strike price, but continues to bear the risk of declines in the price of the underlying instrument. Premiums received from options may not be sufficient to offset losses incurred due to declines in the price of the underlying instruments over time. Therefore, the risks associated with writing covered call options may be similar to the risks associated with writing put options. Exchanges may suspend options trading during periods of abnormal market volatility. Suspension of trading may mean that an options seller is unable to sell options at a time that might be desirable or advantageous.

Flexible Options Risk. The Fund will use FLEX options issued and guaranteed for settlement by Options Clearing Corporation (OCC). In the unlikely event that the OCC becomes insolvent or is otherwise unable to meet its settlement obligations, the Fund could suffer significant losses. Additionally, FLEX options may be less liquid than standard options. In a less liquid market for FLEX options, the Fund may have difficulty closing certain positions in FLEX options at desired times and prices. FLEX option values ​​do not increase or decrease at the same rate as the reference asset and may vary due to factors other than the price of the reference asset.

QDTE and XDTE

Risk linked to 0DTE.**** options The Fund’s use of zero-day-to-expiration options, known as “0DTE” options, presents additional risks. Due to the short time to expiration, 0DTE options are more sensitive to sudden price movements and market volatility than options with a longer time to expiration. For this reason, the timing of trades using 0DTE options becomes more critical. Although the Fund intends to enter into 0DTE options transactions at or shortly after market opening, even a slight delay in executing such transactions may have a material impact on the outcome of the transaction. . These options may also suffer from low liquidity, making it more difficult for the Fund to take positions each morning at the desired prices. Bid-ask spreads on 0DTE options may be wider than on traditional options, increasing the Fund’s transaction costs and negatively affecting its returns. Additionally, the proliferation of 0DTE options is relatively new and therefore may be subject to rule changes and operational friction. To the extent that the OCC issues new rules relating to 0DTE options that make it impractical or impossible for the Fund to use 0DTE options to implement its investment strategy, it may instead use options with the shortest remaining maturity available or it can use swap agreements to provide the desired exposure.

YBTC

Risks of Bitcoin Futures ETFs. The Fund will have significant exposure to the Bitcoin Futures ETF through its options positions that use the Bitcoin Futures ETF as its reference asset. Accordingly, the Fund will be subject to the risks of the Bitcoin Futures ETF, set forth below.

Bitcoin Risk. Bitcoin is a relatively new innovation and the Bitcoin market is subject to rapid price fluctuations, changes and uncertainties. The future development of the Bitcoin network and the acceptance and use of Bitcoin are subject to many factors that are difficult to assess. Slowing, stopping or reversing the development of the Bitcoin network or the acceptance of Bitcoin may have a negative effect on the price of Bitcoin. Bitcoin is subject to risks of fraud, theft, manipulation or security failures, operational or other issues that impact the digital asset trading platforms on which Bitcoin is traded. The Bitcoin blockchain may contain flaws that can be exploited by hackers. A significant portion of bitcoin is held by a small number of holders, sometimes called “whales.” The transactions of these holders can influence the price of bitcoin.

Risk related to the digital assets sector. The digital assets sector is a new, speculative and still developing sector, which faces many risks. In this emerging environment, events that are not directly related to the security or utility of the Ethereum blockchain or the Bitcoin blockchain may nevertheless precipitate a significant decline in the price of Ether and Bitcoin.

Regulatory risk of digital assets. Digital asset markets in the United States are in a state of regulatory uncertainty, and adverse legislative or regulatory developments could materially harm the value of bitcoin futures contracts or the stock of the Bitcoin Futures ETF, e.g. prohibiting, restricting or imposing onerous conditions or prohibitions on the use of bitcoin, mining activity, digital wallets, the provision of services related to trading and custody of digital assets, the operation of the Bitcoin network or digital asset markets in general. Such events could also harm the ability of the Bitcoin Futures ETF to achieve its investment objective in accordance with its investment strategy.

Risk related to new funds. The fund is new and has a limited operating history.

Roundhill Financial Inc. acts as investment advisor. The Funds are distributed by Foreside Fund Services, LLC, which is not affiliated with Roundhill Financial Inc., US Bank or any of their affiliates.

SOURCE Roundhill Investments

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