TSPYTappAlpha SPY Growth & Daily Income ETF
The schedule
- Thu15Oct
Third-quarter NAV assessment and yield declaration, reflecting September's volatility harvest.
- Tue3Nov
Resolution of political uncertainty under the Trump administration driving standard post-election equity relief rallies.
- Fri18Dec
Quarterly options expiration and institutional rebalancing heading into the new year.
- Fri15Jan
Full-year income distribution summary and 2027 strategy outlook.
Past
- Wed16Sep
Federal Reserve interest rate decision amid typical September equity market headwinds.
- Wed22Jul
Market reaction to mega-cap earnings guiding the underlying index and short-term implied volatility.
- Wed15Jul
Quarterly portfolio snapshot and NAV update detailing premium capture metrics from covered call writing.
- Fri12Jun
Inflation metrics update driving broader market yield curves and S&P 500 risk appetite.
- Wed6May
Actual outcome: Bull · $25.56 at outcome
Following the May FOMC policy decision, broader equity markets remained supportive, allowing TSPY to exceed its bull target. The ETF also benefited from positive momentum as its issuer, TappAlpha, announced it had surpassed $500 million in AUM—doubling in just four months—while TSPY gained recognition for its dynamic, high-distribution buy-write strategy.
The Federal Reserve's May interest rate decision and forward commentary will dictate broader equity market risk appetite.