{
 "ticker": "AAPY",
 "name": "Kurv Yield Premium Strategy Apple (AAPL) ETF",
 "issuer": "Kurv",
 "desk": "income",
 "url": "https://etfiq.com/funds/aapy",
 "html": "https://etfiq.com/funds/aapy",
 "markdown": "https://etfiq.com/funds/aapy.md",
 "as_of": "2026-09-11",
 "verdict": "Over the year to Sep 11, 2026, AAPY paid 13.2% in cash and still finished 8.4 points behind AAPL.",
 "key_facts": [
  {
   "key": "cash_paid_1_year_on_its_starting_price",
   "label": "Cash paid, 1 year, on its starting price",
   "value": "13.2%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "AAPY, cash paid, 1 year, on its starting price: 13.2%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+36.6%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "AAPY, total return, 1 year: +36.6%, as of Sep 11, 2026."
  },
  {
   "key": "against_aapl",
   "label": "Against AAPL",
   "value": "\u22128.4 pts",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "AAPY, against AAPL: \u22128.4 pts, as of Sep 11, 2026."
  },
  {
   "key": "return_of_capital_latest_payout",
   "label": "Return of capital, latest payout (Kurv estimate)",
   "value": "83.0%",
   "source": "Kurv estimate",
   "as_of": "2026-09-11",
   "sentence": "AAPY, return of capital, latest payout (Kurv estimate): 83.0%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$8m",
   "source": "issuer page, as of Sep 11, 2026",
   "as_of": "2026-09-11",
   "sentence": "AAPY, net assets: $8m (issuer page, as of Sep 11, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "not read by ETFIQ",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "AAPY, expense ratio: not read by ETFIQ, as of Sep 11, 2026."
  }
 ],
 "fields": [
  {
   "key": "strategy",
   "label": "Strategy",
   "value": "synthetic covered call",
   "source": null
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "Apple (AAPL)",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "monthly",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$8m",
   "source": "issuer page, as of Sep 11, 2026"
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "10.8%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "not read by ETFIQ",
   "source": null
  },
  {
   "key": "cash_paid_last_12_months_over_today_s_price",
   "label": "Cash paid, last 12 months, over today\u2019s price",
   "value": "11.0%",
   "source": "ETFIQ"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Oct 27, 2023",
   "source": null
  },
  {
   "key": "return_of_capital_latest_distribution",
   "label": "Return of capital, latest distribution",
   "value": "83.0%",
   "source": "Kurv 19a-1 estimate"
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "monthly",
   "source": null
  },
  {
   "key": "typical_gap_between_ex_dates",
   "label": "Typical gap between ex-dates",
   "value": "28 days",
   "source": null
  },
  {
   "key": "typical_wait_from_ex_date_to_payment",
   "label": "Typical wait from ex-date to payment",
   "value": "2 days",
   "source": null
  },
  {
   "key": "last_paid_per_share",
   "label": "Last paid, per share",
   "value": "$0.25 ex Aug 19, 2026",
   "source": null
  },
  {
   "key": "sum_of_the_last_12_distributions",
   "label": "Sum of the last 12 distributions",
   "value": "$3.05",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Cash paid": "3.0%",
   "Price": "+10.7%",
   "Total return": "+13.9%",
   "AAPL": "+14.2%",
   "Ahead or behind": "\u22120.3 pts"
  },
  {
   "window": "6 months",
   "Cash paid": "7.1%",
   "Price": "+26.6%",
   "Total return": "+34.7%",
   "AAPL": "+33.1%",
   "Ahead or behind": "+1.6 pts"
  },
  {
   "window": "1 year",
   "Cash paid": "13.2%",
   "Price": "+20.6%",
   "Total return": "+36.6%",
   "AAPL": "+45.0%",
   "Ahead or behind": "\u22128.4 pts"
  },
  {
   "window": "Since launch",
   "Cash paid": "41.7%",
   "Price": "+11.2%",
   "Total return": "+68.2%",
   "AAPL": "+100.2%",
   "Ahead or behind": "\u221232.0 pts"
  }
 ],
 "questions": [
  {
   "q": "How much has AAPY paid over the last year?",
   "a": "Over the year to Sep 11, 2026, AAPY paid 13.2% of its starting price in cash distributions, while the price rose 20.6%."
  },
  {
   "q": "Is AAPY ahead of AAPL?",
   "a": "Over the year to Sep 11, 2026, with every distribution reinvested, AAPY returned +36.6% against +45.0% for Apple (AAPL), so a holder was behind it by 8.4 points."
  },
  {
   "q": "How often does AAPY pay, and how much?",
   "a": "AAPY pays monthly. The latest distribution annualizes to 10.8% at its price on Sep 11, 2026, which is not a promise; the next one can differ."
  },
  {
   "q": "Is the AAPY distribution return of capital?",
   "a": "Kurv estimates 83% of the distribution paid Aug 20, 2026 was return of capital. That is a tax characterization from the fund's own 19a-1 notice, not a measure of erosion."
  },
  {
   "q": "When does AAPY next pay a distribution?",
   "a": "AAPY pays monthly. The last distribution went ex on Aug 19, 2026 at $0.25 a share. The next is not declared; on a cadence of about 28 days the ex-date falls near Sep 16, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}