# TMGN (TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF) TappAlpha · Income ETFs · data as of Nov 5, 2026 Promise check: Not measured. It paid no cash over a year, or since a launch at least six months back. https://etfiq.com/promise-index/income/ Since launch in Jul 2026, TMGN paid 5.4% in cash and lost 1.9% in total. ## Key facts - TMGN, cash paid, since launch, on its starting price: 5.4%, as of Nov 5, 2026. - TMGN, total return, since launch: −1.9%, as of Nov 5, 2026. - TMGN, benchmark: none, as of Nov 5, 2026. - TMGN, return of capital, latest payout (TappAlpha estimate): 100.0%, as of Nov 5, 2026. - TMGN, last payment (paid monthly), ex-date Oct 27, 2026: $0.4403, as of Oct 27, 2026. - TMGN, expense ratio: 0.88% (485BPOS XBRL, Jun 24, 2026). ## TMGN over each window to Nov 5, 2026 | Window | Total return | Cash paid | Price | | --- | --- | --- | --- | | 1 month | −13.9% | 1.6% | −15.4% | | 3 months | −3.6% | 5.3% | −8.4% | | Since launch | −1.9% | 5.4% | −6.9% | ## TMGN key stats - High since Jul 15, 2026, daily closes to Nov 5, 2026: $26.81 on Oct 13, 2026 (computed by ETFIQ from Tiingo daily prices) - Low since Jul 15, 2026, daily closes to Nov 5, 2026: $21.99 on Jul 29, 2026 (computed by ETFIQ from Tiingo daily prices) - Close on Nov 5, 2026, within that range: $22.68, 14% of the way from the low to the high (computed by ETFIQ from Tiingo daily prices) ## TMGN return of capital and tax - Return of capital, latest notice (TappAlpha estimate, Oct 28, 2026): 100.0% () - Return of capital, distributions paid Aug 26, 2026 to Oct 28, 2026 (TappAlpha estimates): 100.0% - Notices behind that number: 3 of 3 distributions - Return of capital, annual report: not yet filed Not tax advice. ## TMGN trading - Not scored. - The full trading page: https://etfiq.com/funds/tmgn/trading/ ## TMGN for holders outside the US - US tax withheld on dividends, no treaty: 30% () - Treaty rates on dividends (IRS table, read Oct 30, 2026): 65 countries, 10% to 30% () - TMGN interest-related and short-term gain dividends: not read by ETFIQ - US estate tax filing threshold, non-resident holders: $60,000 () - Share class: Distributing () Facts from the IRS, not tax advice. ## Every published field | Field | Value | Source | | --- | --- | --- | | Strategy | option income | ETFIQ | | Benchmark | none | ETFIQ | | How the benchmark is set | None. TMGN has no published holdings, and its prospectus names no one reference, so none could be read. | ETFIQ | | Pays | monthly | ETFIQ | | Latest payout, annualized | 23.3% | ETFIQ | | Expense ratio | 0.88% | 485BPOS XBRL, Jun 24, 2026 | | Cash paid, since launch, Jul 15, 2026, over today’s price | 5.8% | ETFIQ | | First traded | Jul 15, 2026 | ETFIQ | | Return of capital, latest distribution | 100.0% | TappAlpha 19a-1 estimate | | Pays | monthly | ETFIQ | | Typical gap between ex-dates | 31 days | ETFIQ | | Typical wait from ex-date to payment | 2 days | ETFIQ | | Last paid, per share | $0.4403 ex Oct 27, 2026 | ETFIQ | | Cash paid in the 12 months to Nov 5, 2026, 3 distributions, ex Aug 25, 2026 to Oct 27, 2026 | $1.3085 | ETFIQ | ## Questions ### How much has TMGN paid since it launched? 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%. ### How often does TMGN pay, and how much? 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. ### Is the TMGN distribution return of capital? 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. ### When does TMGN next pay a distribution? 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. ### What does TMGN cost? The prospectus expense ratio is 0.88% a year. ### How much of TMGN’s distribution is return of capital? TappAlpha’s 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. ## Cite this page ETFIQ, TMGN, income ETFs, data as of Nov 5, 2026. https://etfiq.com/funds/tmgn Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at . HTML: https://etfiq.com/funds/tmgn · JSON: https://etfiq.com/funds/tmgn.json