YieldMax BABA Option Income Strategy ETF

BABO was created on 2024-08-08 by YieldMax. The fund's investment portfolio concentrates primarily on consumer discretionary equity. BABO seeks to provide current income and capped gains on the Alibaba stock (BABA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.