Roundhill Investments Announces XDTE and QDTE Distributions for June 14, 2024

NEW YORK, June 12, 2024 /PRNewswire/ — Roundhill Investments, an ETF sponsor focused on innovative financial products, announced the following weekly ETF distributions for the Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) and the ETF covered call strategy Roundhill N-100 0DTE (QDTE). ).

The 30-day SEC Yield** (as of 5/31/24) for the Roundhill S&P 500® Covered Call Strategy ETF 0DTE and the Roundhill N-100 Covered Call Strategy ETF 0DTE is -0 .51% and -0.36%, respectively. ***

The gross expense ratio for XDTE and QDTE is 0.95%.

Performance data cited represents past performance. Past performance does not guarantee future results. Actual performance may be lower or higher than quoted performance data. The investment return and principal value of an investment fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost. Returns within one year are not annualized. For the most recent standardized and month-end performance, please click here: XDTE, QDTE,

The Funds currently expect, but do not guarantee, to make distributions on a weekly basis. Distributions may exceed the Funds’ income and gains for the Funds’ taxable year. Distributions in excess of current and accumulated profits of the Funds will be treated as a return of capital.

*Distribution per share (%) is calculated by dividing the most recent distribution by the net asset value of the fund at market close. June 10, 2024.

**30-Day SEC Yield: Yield calculation that reflects dividends and interest earned during the period after deducting fund expenses. It is also called “standardized yield”.

About Roundhill Investments:

Founded in 2018, Roundhill Investments is an SEC-registered investment advisor focused on innovative exchange-traded funds. Roundhill’s range of ETFs offers unique and differentiated exposures to thematic equities, options income and trading vehicles. Roundhill offers extensive ETF knowledge and experience, as the team has collectively launched over 100+ ETFs, including several first-to-market products. To learn more about the company, please visit roundhillinvestments.com.

This document must be preceded or accompanied by a prospectus.

Click here for the XDTE prospectus.
Click here for the QDTE prospectus.

All investments involve risks, including the risk of loss of capital. There is no guarantee that the investment strategy will be successful. Funds face many risks, including options risk, liquidity risk, market risk, cost of futures investment risk, clearing broker risk, commodity regulation risk , futures risk, active management risk, active market risk, clearing broker risk, credit risk, derivatives. risk, legislative and litigation risk, operational risk, risk linked to negotiation problems, valuation risk and non-diversification risk. For a detailed list of the fund’s risks, see the prospectus.

Risk related to the covered call strategy. A covered call strategy involves writing (selling) covered call options in exchange for receiving premiums. The seller of the option gives up the possibility of benefiting from increases in the price of the underlying instrument above the options strike price, but continues to bear the risk of declines in the price of the underlying instrument. Premiums received from options may not be sufficient to offset losses incurred due to declines in the price of the underlying instruments over time. Therefore, the risks associated with writing covered call options may be similar to the risks associated with writing put options. Exchanges may suspend options trading during periods of abnormal market volatility. Suspension of trading may mean that an options seller is unable to sell options at a time that might be desirable or advantageous.

Flexible Options Risk. The Fund will use FLEX options issued and guaranteed for settlement by Options Clearing Corporation (OCC). In the unlikely event that the OCC becomes insolvent or is otherwise unable to meet its settlement obligations, the Fund could suffer significant losses. Additionally, FLEX options may be less liquid than standard options. In a less liquid market for FLEX options, the Fund may have difficulty closing certain positions in FLEX options at desired times and prices. FLEX option values ​​do not increase or decrease at the same rate as the reference asset and may vary due to factors other than the price of the reference asset.

Risk linked to 0DTE options.*** The Fund’s use of zero-day-to-expiration options, known as “0DTE” options, presents additional risks. Due to the short time to expiration, 0DTE options are more sensitive to sudden price movements and market volatility than options with a longer time to expiration. For this reason, the timing of trades using 0DTE options becomes more critical. Although the Fund intends to enter into 0DTE options transactions at or shortly after market opening, even a slight delay in executing such transactions may have a material impact on the outcome of the transaction. . These options may also suffer from low liquidity, making it more difficult for the Fund to take positions each morning at the desired prices. Bid-ask spreads on 0DTE options may be wider than on traditional options, increasing the Fund’s transaction costs and negatively affecting its returns. Additionally, the proliferation of 0DTE options is relatively new and therefore may be subject to rule changes and operational friction. To the extent that the OCC issues new rules relating to 0DTE options that make it impractical, if not impossible, for the Fund to use 0DTE options to implement its investment strategy, it may instead use options having the shortest remaining maturity available or it may use swap agreements to provide the desired exposure.

Roundhill Financial Inc. acts as investment advisor. The Funds are distributed by Foreside Fund Services, LLC, which is not affiliated with Roundhill Financial Inc., US Bank or any of their affiliates.

SOURCE Roundhill Investments