MSR GraniteShares Autocallable MSTR ETF
Option income on SPY
Since its launch on May 12, 2026, MSR paid 5.2% in cash and still finished 38.2 points behind SPY.
Key facts
What a holder got
Over the year to Sep 11, 2026, MSR returned −34.4% with distributions reinvested and S&P 500 (SPY), used as a default proxy returned +3.8%, so a holder came out behind it by 38.2 points. The lighter segment is the 5.2% that arrived as cash rather than as price.
Period by period
| Window | Cash paid | Price | Total return | SPY | Ahead or behind |
|---|---|---|---|---|---|
| 3 months | 3.0% | −19.5% | −16.5% | +3.3% | −19.8 pts |
| Since launch | 5.2% | −39.1% | −34.4% | +3.8% | −38.2 pts |
When MSR pays
MSR pays on no established schedule. The last distribution was $0.5503 a share, which went ex on Sep 9, 2026 and was paid on Sep 11, 2026.
Every distribution ETFIQ holds for MSR (2, most recent first)
| Ex-date | Amount |
|---|---|
| Sep 9, 2026 | $0.5503 |
| Jun 3, 2026 | $0.718 |
Every income ETF going ex-dividend in the next fortnight
In plain words
Since it launched on May 12, 2026, MSR has returned −34.4% with distributions reinvested, against +3.8% for S&P 500 (SPY), used as a default proxy, and has paid out 5.2% of its starting value in cash along the way. It pays periodically, and at its current price the latest distribution annualizes to 44.8%. No Rule 19a-1 notice has been published for this fund, so there is no issuer estimate of how much of its distributions was a return of capital.
| Strategy | option income |
|---|---|
| Benchmark | S&P 500 (SPY), used as a default proxy (proxy) |
| Pays | not established |
| Net assets (source, as filed for Jun 30, 2026) | $374,893 |
| Latest payout, annualized (ETFIQ) | 44.8% |
| Expense ratio | not read by ETFIQ |
| Cash paid, last 12 months, over today’s price (ETFIQ) | 8.6% |
| Launched | May 12, 2026 |
| Pays | on no established schedule |
| Typical wait from ex-date to payment | 2 days |
| Last paid, per share | $0.5503 ex Sep 9, 2026 |
| Sum of the last 2 distributions | $1.2683 |
Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. How these figures are computed
Questions people ask
- How much has MSR paid over the last year?
- Over the period from its launch on May 12, 2026 to Sep 11, 2026, MSR paid 5.2% of its starting price in cash distributions, while the price fell 39.1%.
- Is MSR ahead of SPY?
- Over the period from its launch on May 12, 2026 to Sep 11, 2026, with every distribution reinvested, MSR returned −34.4% against +3.8% for S&P 500 (SPY), used as a default proxy, so a holder was behind it by 38.2 points.
- How often does MSR pay, and how much?
- MSR pays on no established schedule. The latest distribution annualizes to 44.8% at its price on Sep 11, 2026, which is not a promise; the next one can differ.
- When does MSR next pay a distribution?
- MSR pays on no established schedule. The last distribution went ex on Sep 9, 2026 at $0.5503 a share.
The words on this page
- Total return
- What a holder actually ended up with: price change plus every distribution, reinvested. The only figure that answers whether you came out ahead.
- Cash paid
- Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
- Ahead or behind
- The fund’s total return minus the benchmark’s over exactly the same days, in percentage points. Both sides reinvest.
- Return of capital
- The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.
- Covered call
- Selling call options on shares the fund holds. It collects a premium and gives up the gains above the strike, which is why these funds pay well and lag a rising market.
Every term used here, defined in full on the income ETFs vocabulary page.
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Funds near this one
Put this on your own page
The payout bar for MSR, redrawn every trading night. Free to use with the credit link.
Where MSR is written about
Use this data, or open the live card
Open MSR live on ETFIQ, where the figures refresh with the data.
Cite this page. ETFIQ, MSR, income ETFs, data as of Sep 11, 2026. https://etfiq.com/funds/MSR Free to use with attribution; the underlying files are at Open data.