{
 "ticker": "TMGN",
 "name": "TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF",
 "issuer": "TappAlpha",
 "desk": "income",
 "url": "https://etfiq.com/funds/tmgn",
 "html": "https://etfiq.com/funds/tmgn",
 "markdown": "https://etfiq.com/funds/tmgn.md",
 "as_of": "2026-11-05",
 "verdict": "Since launch in Jul 2026, TMGN paid 5.4% in cash and lost 1.9% in total.",
 "promise": {
  "badge": null,
  "label": "Not measured",
  "category": "income",
  "sentence": "it paid no cash over a year, or since a launch at least six months back",
  "figure": null,
  "unit": null,
  "from": null,
  "to": null,
  "url": "https://etfiq.com/promise-index/income/"
 },
 "key_facts": [
  {
   "key": "cash_paid_since_launch_on_its_starting_price",
   "label": "Cash paid, since launch, on its starting price",
   "value": "5.4%",
   "source": "computed by ETFIQ from Tiingo daily prices and distributions",
   "as_of": "2026-11-05",
   "sentence": "TMGN, cash paid, since launch, on its starting price: 5.4%, as of Nov 5, 2026.",
   "cite": {
    "value": "5.4%",
    "as_of": "2026-11-05",
    "source": "computed by ETFIQ from Tiingo daily prices and distributions",
    "url": "https://etfiq.com/funds/tmgn#fact-cash-paid-since-launch-on-its-starting-price",
    "text": "TMGN, cash paid, since launch, on its starting price: 5.4%, as of Nov 5, 2026."
   }
  },
  {
   "key": "total_return_since_launch",
   "label": "Total return, since launch",
   "value": "\u22121.9%",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-11-05",
   "sentence": "TMGN, total return, since launch: \u22121.9%, as of Nov 5, 2026.",
   "cite": {
    "value": "\u22121.9%",
    "as_of": "2026-11-05",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/tmgn#fact-total-return-since-launch",
    "text": "TMGN, total return, since launch: \u22121.9%, as of Nov 5, 2026."
   }
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "none",
   "source": null,
   "as_of": "2026-11-05",
   "sentence": "TMGN, benchmark: none, as of Nov 5, 2026.",
   "cite": {
    "value": "none",
    "as_of": "2026-11-05",
    "source": null,
    "url": "https://etfiq.com/funds/tmgn#fact-benchmark",
    "text": "TMGN, benchmark: none, as of Nov 5, 2026."
   }
  },
  {
   "key": "return_of_capital_latest_payout",
   "label": "Return of capital, latest payout (TappAlpha estimate)",
   "value": "100.0%",
   "source": "TappAlpha estimate",
   "as_of": "2026-11-05",
   "sentence": "TMGN, return of capital, latest payout (TappAlpha estimate): 100.0%, as of Nov 5, 2026.",
   "cite": {
    "value": "100.0%",
    "as_of": "2026-11-05",
    "source": "TappAlpha estimate",
    "url": "https://etfiq.com/funds/tmgn#fact-return-of-capital-latest-payout",
    "text": "TMGN, return of capital, latest payout (TappAlpha estimate): 100.0%, as of Nov 5, 2026."
   }
  },
  {
   "key": "last_payment",
   "label": "Last payment (paid monthly), ex-date Oct 27, 2026",
   "value": "$0.4403",
   "source": "Tiingo end-of-day distributions",
   "as_of": "2026-10-27",
   "sentence": "TMGN, last payment (paid monthly), ex-date Oct 27, 2026: $0.4403, as of Oct 27, 2026.",
   "cite": {
    "value": "$0.4403",
    "as_of": "2026-10-27",
    "source": "Tiingo end-of-day distributions",
    "url": "https://etfiq.com/funds/tmgn#fact-last-payment",
    "text": "TMGN, last payment (paid monthly), ex-date Oct 27, 2026: $0.4403, as of Oct 27, 2026."
   }
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.88%",
   "source": "485BPOS XBRL, Jun 24, 2026",
   "as_of": "2026-06-24",
   "sentence": "TMGN, expense ratio: 0.88% (485BPOS XBRL, Jun 24, 2026).",
   "cite": {
    "value": "0.88%",
    "as_of": "2026-06-24",
    "source": "485BPOS XBRL, Jun 24, 2026",
    "url": "https://etfiq.com/funds/tmgn#fact-expense-ratio",
    "text": "TMGN, expense ratio: 0.88% (485BPOS XBRL, Jun 24, 2026)."
   }
  }
 ],
 "fields": [
  {
   "key": "strategy",
   "label": "Strategy",
   "value": "option income",
   "source": null
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "none",
   "source": null
  },
  {
   "key": "how_the_benchmark_is_set",
   "label": "How the benchmark is set",
   "value": "None. TMGN has no published holdings, and its prospectus names no one reference, so none could be read.",
   "source": "ETFIQ"
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "monthly",
   "source": null
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "23.3%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.88%",
   "source": "485BPOS XBRL, Jun 24, 2026"
  },
  {
   "key": "cash_paid_since_launch_over_today_s_price",
   "label": "Cash paid, since launch, Jul 15, 2026, over today\u2019s price",
   "value": "5.8%",
   "source": "ETFIQ"
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "Jul 15, 2026",
   "source": null
  },
  {
   "key": "return_of_capital_latest_distribution",
   "label": "Return of capital, latest distribution",
   "value": "100.0%",
   "source": "TappAlpha 19a-1 estimate"
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "monthly",
   "source": null
  },
  {
   "key": "typical_gap_between_ex_dates",
   "label": "Typical gap between ex-dates",
   "value": "31 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": "$0.4403 ex Oct 27, 2026",
   "source": null
  },
  {
   "key": "cash_paid_in_the_12_months_to_nov_5_2026_3_distributions_ex_aug_25_2026_to_oct_27_2026",
   "label": "Cash paid in the 12 months to Nov 5, 2026, 3 distributions, ex Aug 25, 2026 to Oct 27, 2026",
   "value": "$1.3085",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Total return": "\u221213.9%",
   "Cash paid": "1.6%",
   "Price": "\u221215.4%"
  },
  {
   "window": "3 months",
   "Total return": "\u22123.6%",
   "Cash paid": "5.3%",
   "Price": "\u22128.4%"
  },
  {
   "window": "Since launch",
   "Total return": "\u22121.9%",
   "Cash paid": "5.4%",
   "Price": "\u22126.9%"
  }
 ],
 "questions": [
  {
   "q": "How much has TMGN paid since it launched?",
   "a": "Over the period from its first trade on Jul 15, 2026 to Nov 5, 2026, TMGN paid 5.4% of its starting price in cash distributions, while the price fell 6.9%."
  },
  {
   "q": "How often does TMGN pay, and how much?",
   "a": "TMGN pays monthly. The latest distribution annualizes to 23.3% at its price on Nov 5, 2026, which is not a promise; the next one can differ."
  },
  {
   "q": "Is the TMGN distribution return of capital?",
   "a": "TappAlpha estimates 100% of the distribution paid Oct 28, 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 TMGN next pay a distribution?",
   "a": "TMGN pays monthly. The last distribution went ex on Oct 27, 2026 at $0.4403 a share. The next is not declared; on a cadence of about 31 days the ex-date falls near Nov 27, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days."
  },
  {
   "q": "What does TMGN cost?",
   "a": "The prospectus expense ratio is 0.88% a year."
  },
  {
   "q": "How much of TMGN\u2019s distribution is return of capital?",
   "a": "TappAlpha\u2019s Rule 19a-1 notice estimates 100.0% of the distribution paid Oct 28, 2026 was return of capital. Across its notices for distributions paid Aug 26, 2026 to Oct 28, 2026, the estimate is 100.0%. Estimates come before the fund year closes and often change."
  }
 ],
 "key_stats": [
  {
   "key": "high52",
   "label": "High since Jul 15, 2026, daily closes to Nov 5, 2026",
   "value": "$26.81 on Oct 13, 2026",
   "as_of": "2026-10-13",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 26.81,
   "window": {
    "from": "2026-07-15",
    "to": "2026-11-05"
   }
  },
  {
   "key": "low52",
   "label": "Low since Jul 15, 2026, daily closes to Nov 5, 2026",
   "value": "$21.99 on Jul 29, 2026",
   "as_of": "2026-07-29",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 21.99,
   "window": {
    "from": "2026-07-15",
    "to": "2026-11-05"
   }
  },
  {
   "key": "inrange",
   "label": "Close on Nov 5, 2026, within that range",
   "value": "$22.68, 14% of the way from the low to the high",
   "as_of": "2026-11-05",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 22.68
  }
 ],
 "return_of_capital": [
  {
   "key": "latest",
   "label": "Return of capital, latest notice (TappAlpha estimate, Oct 28, 2026)",
   "value": "100.0%",
   "date": "2026-10-28",
   "source": "TappAlpha",
   "number": 100.0,
   "url": "https://jdkfnvgkfwotjlyovbrk.supabase.co/storage/v1/object/public/fund-docs/c685d68b-454c-4875-b620-15f0daf1e3ba/87331f4b-ba94-47f2-a0f7-83122257bb4f/19a1_1793197297161_TMGN_19a-1_Ex_10.27.26.pdf"
  },
  {
   "key": "window",
   "label": "Return of capital, distributions paid Aug 26, 2026 to Oct 28, 2026 (TappAlpha estimates)",
   "value": "100.0%",
   "from": "2026-08-26",
   "to": "2026-10-28",
   "source": "TappAlpha",
   "number": 100.0
  },
  {
   "key": "notices",
   "label": "Notices behind that number",
   "value": "3 of 3 distributions"
  },
  {
   "key": "nofinal",
   "label": "Return of capital, annual report",
   "value": "not yet filed"
  }
 ],
 "trading": {
  "as_of": "2026-11-05",
  "score": null,
  "tier": null,
  "status": "not-scored",
  "lines": [
   "Not scored."
  ],
  "page": "https://etfiq.com/funds/tmgn/trading/"
 },
 "outside_us": [
  {
   "key": "statutory",
   "label": "US tax withheld on dividends, no treaty",
   "value": "30%",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf",
   "number": 30.0,
   "url": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf"
  },
  {
   "key": "treaty",
   "label": "Treaty rates on dividends (IRS table, read Oct 30, 2026)",
   "value": "65 countries, 10% to 30%",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf",
   "number": 65.0,
   "url": "https://www.irs.gov/individuals/international-taxpayers/tax-treaty-tables"
  },
  {
   "key": "qii",
   "label": "TMGN interest-related and short-term gain dividends",
   "value": "not read by ETFIQ"
  },
  {
   "key": "estate",
   "label": "US estate tax filing threshold, non-resident holders",
   "value": "$60,000",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/instructions/i706na",
   "number": 60000.0,
   "url": "https://www.irs.gov/instructions/i706na"
  },
  {
   "key": "dist",
   "label": "Share class",
   "value": "Distributing",
   "source": "https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title26-section852&num=0&edition=prelim",
   "url": "https://etfiq.com/learn/non-us-holders"
  }
 ],
 "generated": "2026-11-06",
 "license": "https://etfiq.com/license/",
 "license_text": "Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, TMGN, income ETFs, data as of Nov 5, 2026. https://etfiq.com/funds/tmgn"
}